Tech Company Financing Transactions
ServiceSource Funding Round
Benchmark Capital participated in a $10 million capital raise for ServiceSource. The financing was announced on 7/8/2005.
Transaction Overview
Company Name
Announced On
7/8/2005
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Benchmark Capital (Lead Investor) (Bruce Dunlevie)
Proceeds Purpose
It's paying off for ServiceSource, which is profitable and generates between $25 million and $50 million in annual revenue, which has been doubling annually in recent years.
Company Information
Company Status
Publicly-held
Industry
Enterprise IT
Mailing Address
717 17th St. 5th Floor
Denver, CO 80202
USA
Denver, CO 80202
USA
Phone
Website
Email Address
Overview
ServiceSource (NASDAQ: SREV) is an outsource sales organization with one mission: maximizing support and maintenance revenue for technology companies. Acting on our clients' behalf, ServiceSource uncovers, manages and renews expiring contracts to yield substantial incremental revenue each quarter.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christopher Carrington
Chief Financial Officer
Robert Pinkerton
Chief Marketing Officer
Denzil Samuels
Executive Vice President
Debbie Dunnam
President
Michael Poe
VP - Bus. Development
Chad Lyne
VP - Customer Service
Shaun Han
VP - Finance
Michael Lemberg
VP - General Counsel
Patricia Elias
VP - Operations
Grant Clarke
VP - Sales
Benjamin Jennings
Browse more venture capital transactions:
Prev: 7/7/2005: NextHop Technologies venture capital transaction
Next: 7/8/2005: Akros Silicon venture capital transaction
Share this article
About Our Venture Capital Transactions Database
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs