Our Friends of the Firm series: For a seed to grow, it’s best if it falls on fertile soil. We believe that a lot of what determines a company’s success depends upon community. Our Friends of the Firm series is our attempt to highlight some of the friends, family, mentors, advisers, customers, and more that play a part in the SimplySocial journey.
I am personally pleased to announce that David Yarnold, an enterprise software veteran, is joining SimplySocial as an investor/advisor.
David is currently CEO at field service automation company, ServiceMax. Profiled in Forbes earlier this June, David has raised over $50 million in venture funding and has presided over an average subscription revenue growth of 151% for the last four years. David’s contribution as an active investor gives SimplySocial access to depth and breadth of experience in a relatively new industry.
Prior to joining ServiceMax, David was the vice president of global sales for SuccessFactors. During his time there, David grew sales from $5 million in 2004 to over $100 million in 2007 when SuccessFactors became one of the world’s first ever public Software as a Service (SaaS) companies.
When I first met David, I was lured in by his calm, cool, but driven style as a leader. Despite massive growth in an industry revolutionized by ServiceMax, David was incredibly generous with his time and curious about SimplySocial as a business. He has a style that makes you want to listen and with a demeanor that demands respect. While cloud based services are more accepted by the market today than ten years ago, they are still debated in certain IT circles. For such a new industry, David is one of the few executives with a successful track record.
In sharing the news of David’s support of our company, I told the team, “David is the closest thing you can get to an enterprise software sales and management expert.”
We are fortunate to have David on-board. Thanks for your support!