Friday, March 23, 2018

ServiceTitan Takes $62M

Glendale-based software developer ServiceTitan, which develops workflow and field service management for home service businesses, announced Friday morning that it has raised $62M in a Series C funding. The funding was led by Battery Ventures, and also included Bessemer Venture Partners and ICONIQ Capital. The company, founded by Ara Mahdessian and Vahe Kuzoyan, said that Battery's Michael Brown joins the company's board with the funding. ServiceTitan's software is used by plumbers, HVAC contractors, and others to manage their operations. More information »