ServiceMax Lands $27M

Pleasanton-based ServiceMax, which develops cloud-based, mobile field service applications, said today that it has raised $27M in a Series D investment. The round was led by Crosslink Capital, and also included Emergence Capital Partners, Mayfield Fund, and Trinity Ventures. ServiceMax develops mobile software specifically aimed at helping companies manage their field service, scheduling, contract management, inventory, parts, and more. The company has now raised $52M in funding. ServiceMax is headed by Dave Yarnold. More information »