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QuestMark Partners

ServiceMax Raises $71M

Field service management company ServiceMax has closed $71 million in Series E financing. The round was led by Meritech Capital, with participation from Kleiner Perkins Caufield & Byers, as well as new investors Cross Creek Advisors, QuestMark Partners, and Sozo Ventures. Existing investors Emergence Capital Partners, Mayfield Fund, Trinity Ventures, Crosslink Capital, Adams Street Partners, and Salesforce, also invested.

Virtustream Secures $15M Funding

Enterprise cloud solution provider Virtustream, has secured $15 million in funding, bringing the total venture capital raised to $75 million. Investors Columbia Capital, Intel...