Service-now.com Receives $41,000,000 New Funding Round

  • Feed Type
  • Date
    12/9/2009
  • Company Name
    Service-now.com
  • Mailing Address
    120 S. Sierra Avenue Solana Beach, CA 92075
  • Company Description
    Service-now.com is championing a new approach to IT Service and Asset Management through modern application development, delivery and pricing. We offer the first and only On Demand, Web 2.0 solution (AJAX and SOAP enabled) that requires only a browser and an internet connection; The solution is self-upgrading, customizable, and complete with built-in reporting, analytics and a broad range of modules which deliver ERP for IT.
  • Website
    http://www.service-now.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $41,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Most of the round went to repurchase stock from company executives and employees.
  • M&A Terms
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Undisclosed