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Salesforce Ventures

Salesforce Announces New $50 Million Consultant Trailblazer Fund From Salesforce Ventures

Global leader in CRM doubles down with an additional $50 million fund to empower cloud consulting firms and digital agencies to drive business transformation for customers around the world Salesforce, the global leader in CRM, announced that Salesforce Ventures, the company's global corporate investment group, has launched a new $50 million Consultant Trailblazer Fund. The new fund will provide the next generation of cloud consulting companies and digital agencies with the capital required to build and scale their…

Weave Named To Forbes 2019 Cloud 100

Weave, the premier communication platform for small and medium-sized businesses, has been named to the Forbes 2019 Cloud 100 list of the world's best cloud companies. The definitive list ranking the top private cloud companies is published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. "Our entire mission at Weave is to connect businesses to the people they serve, helping them to thrive and grow by giving them a distinct technology advantage," said Brandon Rodman, CEO and co-founder of…

Akeneo Raises $46 Million to Expand Its Leadership in Product Experience Management

Investment to Accelerate R&D and Sales Efforts to Support Unified Commerce Experience Akeneo, a global leader in Product Experience Management (PXM) solutions for corporate brands and retailers, announced it has raised $46 million in funding led by global growth equity investor Summit Partners. Existing investors Alven, Partech, and Salesforce Ventures, as well as Akeneo's board member Stephan Dietrich, also participated in the round. Akeneo Co-Founders Team: (from left to right) Nicolas Dupont,…

OwnBackup Closes $23.25 Million Investment to Continue Global Expansion of Its Cloud-to-Cloud Backup and Recovery Platform

Meets Mounting Cloud Data Compliance Concerns and Grows International Leadership Team OwnBackup, a leading cloud-to-cloud backup and recovery vendor, announced the close of a $23.25 million Series C round of financing co-led by Insight Venture Partners and Vertex Ventures. Existing investors Innovation Endeavors, Oryzn Capital and Salesforce Ventures also participated in the round. The company also announced the aggressive expansion of its international leadership team and general availability of OwnBackup Archiver, which…

Salesforce Ventures Launches New $125 Million Europe Trailblazer Fund

Salesforce Ventures Has Already Invested in More Than 50 Leading Startups Across 13 European Countries Salesforce, the global leader in CRM, announced that Salesforce Ventures, the company's global corporate investment group, has launched a $125 million Europe Trailblazer Fund to continue to fuel enterprise cloud startups. Salesforce Ventures was the most active Corporate VC in Europe1 last year and has invested in companies pioneering digital payments, machine vision, artificial intelligence, blockchain and the API…

Salesforce Ventures Introduces $50 Million Australia Trailblazer Fund

New, Dedicated Fund Will Empower Australian Startups to Scale, Invest in Innovation and Drive Customer Success Salesforce, the global leader in CRM, announced that Salesforce Ventures, the company's global corporate investment group, has launched the Australia Trailblazer Fund, a new $50 million fund to empower Australian startups in the Salesforce ecosystem. With this new fund, Salesforce Ventures deepens its commitment to the region by investing in local innovation and inspiring Australian entrepreneurs to create next…

Contentful Announces $33.5 Million in Series D Funding to Deliver Content Infrastructure for the Modern Technology Stack

Funding Will Be Used to Expand Strategic Partnerships, Deepen Third-Party Integrations Within the Modern Software Stack, and Empower Digital Content Practitioners at Scale Contentful, the leading content infrastructure for digital teams, announced $33.5 million in Series D equity funding. Led by Sapphire Ventures, with participation from OMERS Ventures, Salesforce Ventures, and existing backers including General Catalyst, Benchmark, Balderton Capital and Hercules, this brings total funding for Contentful to $78.3…

Copado Secures €7.5 Million Series a Investment Led by Insight Venture Partners to Support Its Continued Growth

Copado, a cloud-based release management platform, announced a €7.5 million Series A funding round with an investment from Insight Venture Partners with participation from Salesforce Ventures. Copado will use the capital to expand the functionality of its product suite and support its continued global growth. Copado is a leading release management platform on the Salesforce AppExchange, providing a streamlined end-to-end release management solution for development teams. Founded in 2013, Copado has achieved self-funded…

Gong.io Named A Rising Star On Forbes’ Cloud 100 List

Gong.io, the leading conversation intelligence platform helping sales teams have better sales conversions, has been named one of the 20 Rising Stars as part of the Forbes 2018 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures. The 20 Rising Stars represent young, high-growth and category-leading cloud companies that are poised to join the Cloud 100 ranks. Also Read: Vonage’s Nexmo Connect…

Narvar Raises $30 Million Series C Funding Round as Global Brands Increase Investment in Customer Loyalty and Engagement

More Than 500 Global Retailers Rely on Narvar to Deliver World-Class Customer Engagement to 300 Million Consumers Worldwide Narvar, the premium post-purchase customer engagement platform, announced a $30 million Series C financing round led by Accel, who also led Narvar's Series A round. Existing investors including Battery Ventures participated in the round, as well as new investors Salesforce Ventures and Scale Venture Partners. In conjunction with the financing, Ryan Sweeney, partner at Accel, will join Narvar's board.…

Sitetracker Raises $24 Million in Series B Funding to Fuel Continued Innovation and Global Expansion

New Investment Round, Led by NEA, Brings Sitetracker's Total Funding to $35 Million Sitetracker, the global standard for managing high-volume critical infrastructure projects, announced $24 million in additional funding. Led by existing investor New Enterprise Associates (NEA) with participation from Wells Fargo Strategic Capital, Salesforce Ventures, and others. This round of financing will further accelerate Sitetracker's product roadmap and global expansion. "At NEA, we seek to invest in companies that transform…

Invoca Announces Enhanced Integrations with Google Marketing Platform and AMP Support

The Call Tracking & Analytics Platform’s Deeper Integrations with Google Make AI-Powered Call Intelligence Data More Valuable to Marketers Leading call tracking software provider, Invoca has announced that it has launched enhanced integrations with Google Ads and Google Marketing Platform (formerly AdWords and DoubleClick, respectively). The company has also announced additional support for Google Accelerated Mobile Pages (AMP). The improved integrations with Google’s suite of ad tools allow users of Invoca’s AI-powered…

Will Facebook Upstage Slack by Acquiring Redkix?

Facebook Buys Israeli Enterprise Messaging Company Redkix to Enhance Workplace by Facebook Facebook has acquired Redkix, an email startup that combines email, messaging and calendar features into one app. Redkix will be joining the Workplace by Facebook team. The social networking platform did not declare the details of the deal, but a source close to the transaction told news agency Reuters the value of the deal was less than $100 million. Redkix raised $20 million in seed round from investors including Salesforce…

What’s Cooking at Salesforce? SessionM’s 23.8 Million Series E Funding Led by Salesforce Ventures

This is the Second Investment in SessionM by Salesforce Ventures Salesforce Ventures, the global corporate investment group of Salesforce, led the $23.8 million funding round for SessionM, a customer data and engagement platform. Other existing premier investors that participated in the round included Causeway Media Partners, CRV, General Atlantic, Highland Capital and Kleiner Perkins Caufield & Byers. This is the second investment in the company by Salesforce Ventures. It had earlier participated in a $35 million…

Cogito Raises $37 Million in Growth Equity Funding

Cogito, the leader in augmented intelligence, announced it raised $37 million in Series C growth equity funding led by Goldman Sachs Growth Equity (GS Growth), with participation from existing investors Salesforce Ventures and OpenView. Cogito will use the latest round of funding to accelerate go-to-market, expand research and development, and grow its team. “GS Growth shares our vision of bringing human AI to the enterprise” Cogito has realized exponential growth since its founding out of the MIT Human Dynamics Lab…

Conga Continues to Lead the Race in Intelligent Document Automation

Conga Has Also Raised $47 Million in Fresh Funding Led by Insight Venture Partners and Salesforce Ventures to Fuel Global Growth In a major funding round, Conga, the global leader in Intelligent Document Automation, announced that it has received $47 million in new funding led by Insight Venture Partners and Salesforce Ventures. Conga announced a strong start to 2018 growth, fueled by the acquisitions of Octiv, Orchestrate, LLC, and Counselytics. Conga is a Salesforce Premier Partner and has more than 700,000 users in…

Salesforce Ventures Introduces $100 Million Canada Trailblazer Fund

New Fund Is Part of Salesforce's $2 Billion Commitment to Canada; Unveiling of Fund Kicks off Salesforce World Tour Toronto and Dreampitch Competition Salesforce, the global leader in CRM, announced that Salesforce Ventures, the company's global corporate investment group, has launched the Canada Trailblazer Fund, a $100 million fund to invest in Canadian startups and fuel cloud innovation and customer success in the region. Salesforce Ventures has supported the Canadian startup community since 2011, investing in…

Salesforce-MuleSoft Deal: The Dynamic Shift in Marketing Cloud Equation

Salesforce Signed a Definitive Agreement to Acquire MuleSoft for $6.5 Billion Last Month Last month, 20 March to be precise, global martech leader Salesforce announced that it has signed an agreement to acquire MuleSoft for $6.5 billion. MuleSoft generates software to associate different types of enterprise data on it. Salesforce is a cloud computing company with a market capitalization above $90 billion. At the time of this news, Salesforce had said that the acquisition “represents a 36% premium over MuleSoft’s closing…

Voicera Secures $20 Million Series A Financing Backed by Leading VC, Enterprise and Collaboration Players

Voicera's Eva, a Fast-Growing Enterprise Virtual Assistant, Now Offers Full Transcription and Debrief Functionality to All Meetings Voicera announced that it has closed its Series A round of financing, which, combined with its seed round, brings total funds raised to $20 million. This recent round will fund the continued rollout of the company's innovative voice collaboration artificial intelligence (AI) system that transforms meetings into productive, accountable, efficient parts of an enterprise's day. The Series A was…