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General

Salesforce starts new USD 100 mln investment fund

Tuesday 2 May 2017 | 15:22 CET | News
Salesforce has launched the new Salesforce Platform Fund, its fourth investment fund, with USD 100 million, the Wall Street Journal reported. The fund will help startups develop apps that work with Salesforce business software services and so build an ecosystem of partners. John Somorjai, executive VP of corporate development and Salesforce Ventures, said the company focuses on startups that already have customers. Somorjai expects to spend the USD 100 million earmarked for the new fund within two years.

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Categories: General
Companies: Salesforce / Twilio
Countries: World
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