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SREV News

ServiceSource quiet period ends May 3

ServiceSource International, which provides a service revenue management and renewals platform for tech firms, will see its quiet period end on Tuesday, May 3. On March 24, the company raised $119 million by offering 11.9 million shares at $10, above the range...read more

ServiceSource prices IPO at $10, above the range

ServiceSource International, which provides a service revenue management and renewals platform for blue-chip tech firms, raised $119 million on Thursday by offering 11.9 million shares at $10, 21% above the midpoint of the proposed $7.50 to $9.00 range. ...read more

IPO ServiceSource up 22% in debut; is an on-demand multiple warranted?

ServiceSource International, which provides a service revenue management and renewals platform for blue-chip tech firms, raised $119 million on Thursday by offering 11.9 million shares at $10, 21% above the midpoint of the proposed $7.50 to $9 range. Insiders,...read more

ServiceSource highlighted as Renaissance Capital's Featured IPO

Launched by a group of former Cisco employees in 2000, this specialized outsourcer manages service agreement renewals for blue-chip tech firms such as Adobe, VMware and NetApp. ServiceSource collects commissions based on the value of contract renewals it...read more