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MaintenanceNet

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Grow Recurring Revenue - Cisco Impact

Carlsbad, United StatesFounded 2004
Valuation $100–500M Latest valuation · 2015
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About MaintenanceNet

MaintenanceNet, founded in 2001, established itself as a specialized provider of warranty and maintenance contract management services before being acquired by Cisco Systems on August 6, 2015, for $139 million. The company was co-founded by Scott Herron, who served as its CEO and pioneered the application of data intelligence and automation to enhance sales and recurring revenue for the channel. His focus on creating value across the customer lifecycle through technology was a driving force behind the company's success.

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The firm's core business revolves around a cloud-based software platform designed to automate and scale the management of recurring customer contracts. This platform primarily serves technology manufacturers, distributors, and resellers by helping them track, manage, and renew service agreements efficiently. Revenue was generated by providing these partners with the tools to identify and capture service revenue opportunities, particularly high-volume, low-dollar sales that are often overlooked.

The flagship product, a contract management platform known as ServiceExchange, aggregates and analyzes fragmented customer and contract data. This turns incomplete information into actionable business intelligence. Key features include identifying contracts nearing renewal, those that are overdue, and products that are not covered by a service plan. The platform then automates quoting, notifications, and, in some cases, online ordering, which simplifies the sales process. After the acquisition, the platform became known as Cisco Impact and was integrated into Cisco's Global Customer Success (GCS) organization to help digitize business processes and improve partner and customer engagement.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2004
Headquarters
Carlsbad, United States
Employees
6
Open positions
None listed
Dealroom signal
63.0/100
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning MaintenanceNet.

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Jul 2015 $139M $139M Cisco
LATE VCEquity / VC Feb 2014 $12M $48M Undisclosed
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Growth signals

MaintenanceNet website traffic

Latest recorded traffic for MaintenanceNet is 90 monthly website visits. MaintenanceNet's team declined 25% over the past year.

Latest monthly visits90 1-year team growth-25%
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Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors1 additional known investor

Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇩🇿 Algeria50%
🇺🇸 United States50%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about MaintenanceNet on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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