Who owns Servicenow?

Servicenow is an American software company based in Santa Clara, California that develops a cloud computing platform to help companies manage digital workflows for enterprise operations.

Servicenow was founded as Glidesoft, Inc in 2003 by Freddy Luddy. It was incorporated in California in 2004. Until mid-2005, Luddy was the only employee and concentrated on developing the software that the company would offer. After hiring five people, the company raised $2.5 million in venture financing from JMI Equity.

In 2006, the company changed its name to ServiceNow and by 2007 it was reporting annual revenues of $13 million. In June 2012, Servicenow became a publicly traded company following a $210 million initial public offering.

Servicenow is headquartered in Santa Clara, California and its core business revolves around the management of "incidents, problems, and change." Its fee model is based on a cost per user per month, ranging from $100.

In March 2020, Servicenow released Orlando, a version of its cloud software paired with an artificial intelligence technology aimed at fixing practical problems. In 2021, Servicenow reported annual revenue of $5.9 billion and an operating income of $257 million. They have approximately 16,000 employees.