Rancho Bernardo software startup Perspectium raised its second big funding round from a local investor on April 23. The company closed an $8 million Series B round led by TVC Capital, the San Diego growth equity firm that also led Perspectium’s Series A round two years ago.
“Perspectium has established a proven product portfolio and built a stellar reputation for effectively solving the gaps in service management and getting very high volumes of intelligent data from one place to another,” TVC Capital Managing Partner Steve Hamerslag said in a news release. “We believe that the market opportunity is substantial and that Perspectium has the ability to continue and expand its success.”
Perspectium was launched in 2013 by David Loo, the founding developer of ServiceNow. Loo created the company to help businesses integrate their various service providers—such as Salesforce, Amazon Web Services, and of course, ServiceNow — as well as the data generated by them.
The company plans to use the additional funding to build new products and expand its global markets. The company has already added a European headquarters in London.
Some of Perspectium’s clients include Deloitte, Southwest Airlines, Pepsi and ServiceNow.
“Enterprises and organizations around the world grapple with the problem of making service management and the flow of data work across boundaries caused by individual cloud-based applications and repositories of data,” Perspectium CEO David Loo said in a news release. “Perspectium has a unique opportunity to solve the problem of data and process silos on a global basis with an approach that is both powerful and unique. We are pleased to have TVC Capital continue to invest in Perspectium and share our vision for changing the data integration and Integration Platform as a Service markets.”
