0
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.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Salesforce / Twilio
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Twilio for Salesforce offers new way to engage customers via SMS

Published 01 Apr 2019 16:54 CET | World
Twilio launched an app on Salesforce AppExchange that allows organisations using Salesforce to send and receive SMS messages ...

Enxoo launches Enxoo commerce on Salesforce AppExchange

Published 30 Jul 2018 17:15 CET | Poland
Enxoo, an IT consulting company headquartered in Warsaw, has launched enxoo commerce, the latest app on the Salesforce ...

Telia Finland moves sales and customer care functions to Vlocity, Salesforce

Published 01 Sep 2017 11:48 CET | Finland
Cloud services company Vlocity said that Telia Finland has picked Vlocity and Salesforce to improve its sales, marketing and ...

Cogeco Peer 1 launches Partner Portal, Partner programmes

Published 18 May 2017 14:57 CET | World
Cogeco Peer 1 introduced the Cogeco Peer 1 Partner Portal as well as three new 'Partner Programs' designed to meet the needs of a ...

Salesforce expands relationship with Dell

Published 08 May 2017 14:56 CET | United States
Salesforce is expanding its relationship with Dell by signing a multi-year commitment to use Dell EMC infrastructure throughout ...