Gaming execs: Join 180 select leaders
from King, Glu, Rovio, Unity, Facebook, and more to plan your path to global domination in 2015. GamesBeat Summit
is invite-only -- apply here
. Ticket prices increase
on March 6 Pacific!
ServiceMax, a Pleasanton-Calif. startup that provides cloud-based field service operations, raised $27 million today.
It offers customers web and mobile applications for scheduling and workforce optimization and contract management in the field. For instance, a company with a sales force on the move can use the ServiceMax product to invoice a customer instantly.
The company has over 200 customers in over 20 different industries, including large enterprises like Elekta, Pentair, and Electrolux.
CloudBeat 2012 will assemble the biggest names in the cloud’s evolving story to uncover real cases of revolutionary adoption. Unlike other cloud events, the customers themselves will be front and center. Their discussions with vendors and other experts will give you rare insights into what really works, who’s buying what, and where the industry is going. CloudBeat happens November 28-29 in Redwood City, Calif. Register today!
ServiceMax CEO, Dave Yarnold told me that with the funding, it will expand its sales and marketing efforts, as well as double down its efforts to gain traction in Europe and Asia. The company faces tough competition from leading enterprise players like Oracle.
According to the Bureau of Labor Statistics, there are almost as many field service people in the United States as there are salespeople. For this reason, Yarnold, a former vice president of Global Sales at SuccessFactors, said they will focus their efforts on building technology for field service, rather than encroach on Salesforce’s territory. “It’s a massive market, and probably a more important one since these technicians and engineers are face to face with your customers every day,” he explained.
The tool is built on Force.com, Salesforce.com’s cloud based service — the cloud computing giant participated in previous funding rounds.
This round of series D funding was led by Crosslink Capital with participation from existing investors, Trinity Ventures, Mayfield Fund, and Emergence Capital. ServiceMax has received a total of $52 million in venture funding.
Image via Shutterstock
VentureBeat is studying social media marketing tools
, and we’ll share the data with you.