Tuesday, June 28, 2005

Benchmark Capital Funds Profitable ServiceSource

"ServiceSource, an outsource sales organization focused exclusively on increasing support and maintenance revenue for technology companies, today announced $10M in funding from Silicon Valley-based Benchmark Capital. This recent funding is combined with existing investments from Housatonic Partners, high-tech executives and other notable individual investors. ServiceSource joins Benchmark Capital's prestigious list of successful portfolio companies, which includes eBay, Juniper Networks, and Red Hat. ServiceSource will use the recent funding to acquire new customers, scale operations and expand its global reach. "

[MarketWire]

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