ServiceMax
ServiceMax offers a cloud-based software platform that optimizes technician productivity, streamlines workflows for operational efficiency, and maximizes equipment uptime
How we helped
Matt championed ServiceMax at the earliest stage, working alongside co-founders Athani Krishna and Hari Subramanian at a prior firm. As a Series A board member, he recruited Dave Yarnold as CEO from his network, having worked with Dave years earlier at Clarify. At that time, Dave had just led SuccessFactors to its successful $3.4 billion acquisition by SAP.
As both a board member and investor, Matt helped Dave, Athani, and Hari sharpen their strategy, business model, and team.
Cloud Apps Capital Partners was the only new investor allowed in the oversubscribed Series F financing prior to their acquisition by GE for $915 million.
“Matt recruited me to become CEO of ServiceMax. He understood the foundational details and trends in the field service management market, and convinced me it was a great opportunity. As a board member, Matt was a terrific partner, always there for discussions of both strategic and tactical concerns. As an early investor, board member, and advisor, Matt definitely played a significant role in building ServiceMax.”
– Dave Yarnold
Former CEO, ServiceMax