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Iron Pillar led a $23m Series C round in Servify.

Synopsis

India focused venture capital firm Iron Pillar led a $23m Series C round in Servify, a device lifecycle management platform. Additional investors in the funding round include Blume, Beenext, Tetrao, 57 Stars, SParkle Find, SF Roofdeck Capital, Go Ventures, Madhu Kela Family Office, and Trifecta Capital. “It is very satisfying as we have more than quadrupled our revenue in 2020 till date, and raised funds for expansion even during the tough economic climate. This further strengthens our belief that we have built a globally scalable sound business that is not only trusted by large brands, but also the investor community,” Sreevathsa Prabhakar, Sevify Founder.

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