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FieldEZ Secures Funding From IDG Ventures & IvyCap Ventures

FieldEZ logo

Bangalore-based FieldEZ Technologies has raised an undisclosed amount of investment from IDG Ventures and IvyCap Ventures, reports The Economic Times. The company is planning to use the investment raised to strengthen its sales in India, United States and South East Asia.

FieldEZ provides an on-demand mobile based solution which allows companies to manage their field sales teams or service teams. It offers features like call management & scheduling, lead management, time & location reporting, driving directions to customer locations, integration to enterprise systems and the ability to keep track of travel bills & expenses among others.

FieldEZ currently offers solutions for sales persons, service engineers & managers, pickup or delivery personnel & logistics management personnel across various industries like pharma, banking, telecommunication, consumer electronics, auto industry, and fast-moving consumer goods (FMCG) among others.

The company says it supports all major mobile platforms like iOS, Android, Windows 8 and Java and the solution is available through two different plans – A Starter pack which only offers only attendance & location trackers and is priced at Rs 199 per user per month followed by a Full pack which also includes call management features and is priced at Rs 399 per user per month.

Gurgaon-based Flick2Know is another company which offers an automated on-field sales tracking and management solution called Field Assist which tracks the performance of each salesman on real time basis using QR Technology. Blume Ventures-backed Verayu also offers enterprise solutions to businesses to track its field force.

Recent IDG Ventures Investments

– Earlier this month, Bangalore-based affordable ophthalmic technology and solutions company Forus Health had raised Rs 50 crore from Asian Healthcare Fund, IDG Ventures and Accel Partners.

– In December 2013, news and data analytics platform Heckyl Technologies had raised over $3.5 million Series B investment from IDG Ventures India, Seedfund Advisors and others.

– Online lingerie store Zivame had also raised $6 million investment from Unilazer Ventures, IDG Ventures and Kalaari Capital in December 2013.

– Information risk management solution provider Aujas had raised Rs 31 crore from IDG Ventures and IvyCap Ventures in the same month

– E-Commerce product discovery & recommendation platform Unbxd had raised $2 million from IDG Ventures and Inventus Capital Partners in October 2013.

Besides this, there were also talks of online baby care products retailer FirstCry raising $15 million from Temasek’s investment arm Vertex Venture Holdings, SAIF Partners and IDG Ventures last week.

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