US-based cloud company ServiceMax, which is backed by US-based software group Salesforce, secures additional Series D funding from Adams Street Partners after raising $27m in November.
ServiceMax, the creators of the first complete suite of cloud-based, mobile and social field service applications, has raised additonal series D financing with an investment from Adams Street Partners, a firm which manages the private equity investments for institutional investors. Also involved in the round, which raised $27m in November, were venture firm Crosslink Capital and existing investors Mayfield Fund, Trinity Ventures, and Emergence Capital Partners.
ServiceMax, formerly known as Maxplore Technologies, has raised $52m in aggregate. In June last year…