Maxplore is the Winner of the Force.com $1 Million Challenge

By Raju Shanbhag

TMCnet Contributing Editor

 

Emergence Capital Partners, a venture capital firm that specializes in investing in technology-enabled services companies plus Software as a Service and Salesforce.com (News - Alert) have announced that Maxplore has been named the winner of the Force.com $1 Million Challenge. Emergence Capital intends to invest $2 million in Maxplore subject to closure of the transaction.

 

The Force.com $1 Million Challenge is a venture competition for entrepreneurs and companies building on the Force.com platform. There were seven main criteria in judging for the Force.com $1 Million Challenge.

 

They included likelihood of long-term company success; demonstration of customer success and user adoption; market opportunity; track record and passion of the entrepreneurial team; adoption and innovative utilization of the Force.com platform technology; financial plan; and competition.

 

Built entirely on the Force.com platform, Maxplore provides ServiceMax, a service chain and field service management solution. To drive all aspects of post-sales service delivery and management, ServiceMax merges into the Salesforce CRM Call Center application.

 

This includes entitlement verification, configuration management, field service engineer management, dispatch management, service inventory management and depot repair. The company says that apart from getting advantages such as reliability, scalability and availability of salesforce.com's trusted global infrastructure, customers of ServiceMax also get security, customization, integration and other benefits of the Force.com platform.

 

Emergence Capital believes that the future of software lies in the cloud computing arena. Entrepreneurs can now develop high impact solutions that address the needs of consumers and businesses. Emergence Capital believes that Salesforce.com paves the way for innovation through Force.com and the AppExchange.

 

“The Force.com platform allowed us to build and deliver a field service application suite much faster than is possible with client/server or other SaaS (News - Alert) architectures,” said Sam Mukherjee, Co-Founder and CEO, Maxplore. “Marketing through the Force.com AppExchange has enabled companies of all sizes around the world to find Maxplore. We now have customers using ServiceMax to support their global operations. The investment from Emergence Capital will allow us to expand our sales and marketing efforts to accelerate new customer acquisition.”