ServiceNow formalized ServiceNow Ventures to accelerate the transformation of enterprise work.
ServiceNow Ventures will target:
- Early‑stage companies that develop cloud‑based applications built on the ServiceNow platform.
- Growth‑stage vendors that create strategic technology integrations with ServiceNow and partner on go‑to‑market initiatives.
“The ServiceNow platform is revolutionizing the way work gets done in IT, security, customer service and HR, as thousands of developers are building powerful applications and integrations that leverage machine automation and workflow,” said Dominic Phillips, VP, Finance and Corporate Development, ServiceNow. “ServiceNow Ventures fuels innovative and disruptive technologies that grow and extend the ServiceNow ecosystem.”
ServiceNow Ventures’s portfolio includes two prior investments: early‑stage company, Nuvolo, and enterprise software vendor, MuleSoft. Nuvolo is a ServiceNow independent software vendor (ISV) and leading developer of enterprise asset management applications for regulated industries such as pharmaceutical and healthcare. MuleSoft’s software platform enables global enterprises to create an application network that connects their existing systems, like ServiceNow, and third‑party solutions.
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