Salesforce Ventures and Silver Lake Partners completed an $80m investment in ServiceMax.

Salesforce Ventures and Silver Lake Partners completed an $80m investment in ServiceMax, a provider of asset-centric field service management. "We are excited to be joined by our partners at Salesforce Ventures in our investment in ServiceMax. The announcement validates the company's market position and follows a record-breaking year for ServiceMax, including the largest new customer deal closed and the biggest year in company history," Ken Hao, Silver Lake Chairman and Managing Partner.