ServiceSource

ServiceSource

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Overview

ServiceSource International, Inc. (NASDAQ: SREV) is the global leader in recurring revenue management.

By leveraging big data to give companies a complete view of their customers, ServiceSource’s cloud application Renew OnDemand and managed services offerings drive higher subscription, maintenance, and support revenue, improved customer retention, and increased business predictability. By integrating cloud services, managed services and renewal-ready data, ServiceSource provides end-to-end management and optimization of the recurring revenue process, including data management, quoting, selling, and business intelligence.

As of December 31, 2013, ServiceSource managed over 145 engagements across more than 70 customers, representing over $11 billion in recurring revenue opportunity under management. On average, ServiceSource customers increase renewal rates by 15 points and increase sales efficiency by 20%.

About

Industries

Cloud Computing, Information Technology, Software, Internet, SaaS

Founded

1999

Employees

1001-5000

Headquarters locations

San Francisco, California, United States, North America

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Profile Resume

ServiceSource headquartered in United States, North America, operates in the Cloud Computing, Information Technology, Software, Internet, SaaS sector. The company focuses on Cloud Computing and has secured $1.3B in funding across 20 round(s). With a team of 1001-5000 employees, ServiceSource is actively contributing to advancements in Cloud Computing. Their latest funding round, Private Equity Round - ServiceSource, raised $66.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

N/A

Funding Rounds

Funding rounds

1

Investors

7

Lead Investors

0

Total Funding Amount

$66.0M

Details

1

ServiceSource has raised a total of $66.0M in funding over 1 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2007Private Equity66.0M

Investors

ServiceSource is funded by 9 investors.

Investor NameLead InvestorFunding RoundPartners
CA Technologies-FUNDING ROUND - CA Technologies66.0M
Benchmark-FUNDING ROUND - Benchmark66.0M
ServiceSource-FUNDING ROUND - ServiceSource66.0M
Housatonic Partners-FUNDING ROUND - Housatonic Partners66.0M