Startup ServiceMax, a company that develops SaaS field service software, has raised $14 million in new funding led by Mayfield Fund with Trinity Ventures, Emergence Capital and Salesforce.com also
participating in the round. To date, the company has raised $26 million.
As field service software, ServiceMax essentially helps manage other company’s equipment at their sites. ServiceMax software automates workforce optimization, advanced scheduling and dispatch, parts logistics, inventory and depot repair, and installed base entitlements. ServiceMax is being used currently by 150 different customers including DuPont. And the company reports 380 percent year-over-year growth in first quarter 2011.
Built on top of Salesforce.com’s Force.com platform, ServiceMax has gained considerable support from Salesforce. The technology giant participated on both of ServiceMax’s funding rounds and the startup features an app on Salesforce Chatter’s app marketplace ChatterExchange.
ServiceMax also recently released an iPad app that gives service agents a mobile solution.
Smartphones are getting kind of popular nowadays, in case you hadn’t noticed. The latest figures from IDC show a 79.7 percent expansion of the global smartphone market between this time last year and today, which has resulted in 99.6 million such devices being shipped in Q1 of 2011. That growth has mostly been driven by Samsung, which has more than quadrupled its output to 10.8 million shipments in the quarter, and HTC, whose growth has been almost as impressive. The other big gainer is Apple, with 10 million more iPhones shipped, but the truth is that all the top five vendors are showing double-digit growth. In spite of Nokia losing a big chunk of market share and RIM being demoted from second to third in the ranking, both of those old guard manufacturers improved on their quarterly totals. IDC puts this strength in demand down to the relatively unsaturated smartphone marketplace, and believes there’s “ample room for several suppliers to comfortably co-exist,” before ominously adding, “at least for the short term.” And after the short term, our break-dancing robot overlords take over.
Continue reading IDC: smartphone market grows 80 percent year-on-year, Samsung shipments rise 350 percent
IDC: smartphone market grows 80 percent year-on-year, Samsung shipments rise 350 percent originally appeared on Engadget on Fri, 06 May 2011 04:27:00 EDT. Please see our terms for use of feeds! .
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Video advertising company Adap.tv has raised $20 million in funding led by Bessemer Venture Partners with Gemini Israel Funds, Redpoint Ventures and Spark Capital also participating in the round. This brings Adap.tv’s total funding to $43 million.
Adapt.tv’s ad platform allows advertisers to buy and manage online video ad inventory from a single interface and enables publishers to monetize their online video content. Advertisers can run campaigns across all publishers, ad networks and the Adap.tv Marketplace. The Adap.tv Marketplace connects publishers and brand name advertisers, with over 4,200 sites selling inventory and hundreds of campaigns running daily.
Currently, Adap.tv reaches over 60 million unique viewers and delivers more than 1.8 billion video ad views monthly. Adap.tv says it will use the new funding to support international growth, expand product development, and strengthen the company’s footprint in the U.S.