ServiceMax Finds $71M For Field Service Software

Pleasanton-based ServiceMax said today that it has raised $71M in a Series E funding, to go towards its software, which is used for managing field service management. The funding was led by Meritech Capital, and also included Kleiner Perkins Caufield & Byers, Cross Creek Advisors, QuestMark Partners, Sozo Ventures, Emergence Capital Partners, Mayfield Fund, Trinity Ventures, Crosslink Capital, Adams Street Partners, and ServiceMax is ledby Dave Yarnold, and develops software used by companies to better manage deployment of their field service workforce. More information »