ServiceAide, Inc., a leader in IT Service Management for small and medium businesses globally, announced this winter that it has completed the first installment of a $12 million funding round led by Arrowroot Capital. Campolo, Middleton & McCormick, represented ServiceAide in the funding round. CMM partner Christine Malafi led a corporate team that also included Donald Rassiger and Vincent Costa.
ServiceAide’s ITSM SaaS offering provides user-friendly, powerful features that make it the solution of choice for SMBs and MSPs worldwide. ServiceAide will use the investment to bolster its sales and marketing efforts and continue on its product development roadmap as a leading innovator in the industry.
“The investment will accelerate our roadmap and support us in achieving our goal of turning the recording of who, what, when and how into a proactive optimal blend of suggestions and decision support,” said Wai Wong, CEO of ServiceAide. “With a global customer presence, ServiceAide’s Cloud Service Management product coupled with the Sigma machine learning platform will gain significant momentum.”
CMM’s corporate attorneys have been owners, executives, board members, and corporate and general counsel of companies public and private, international and local, large and small. This hands-on experience has made the CMM Corporate department one of the most robust and fastest-growing on Long Island and in the New York metropolitan area.
About ServiceAide, Inc.
ServiceAide Cloud Service Management is a powerful yet simple to use SaaS ITSM product available worldwide. ServiceAide was created around the core concept of connecting data to create coherent information that can revolutionize business results. The company accomplishes this by building a solid foundation of big data and machine learning Sigma technology, combined with world-class service and support. Learn more at www.serviceaide.com.