Home Salesforce.com launches $100 million venture capital fund
 

Keywords :   


Salesforce.com launches $100 million venture capital fund

2014-09-08 16:33:16| InfoWorld: Top News

While Salesforce.com has been an active investor in startup companies for years, it's taking these efforts to the next level with its first dedicated venture capital fund. The Salesforce1 Fund will initially invest $100 million in emerging companies over the next few years, said John Somorjai, executive vice president of corporate development and strategy. The fund will focus on new mobile application startups that are building products on the vendor's Salesforce1 platform, Somorjai said.

Tags: capital million fund venture

Category:Information Technology

Latest from this category

All news

»
08.11Watchdog to review police handling of Al Fayed abuse claims
08.11Cattle marketing: Its about making the right decisions
08.11Atlantic Tropical Weather Outlook
08.11Eastern North Pacific Tropical Weather Outlook
08.11Statement from the U.S. Green Building Council on the 2024 Election Results
08.11Bolt drivers win right to holiday and minimum wage
08.11INX details acquisition, SpectraGraphics grows and more
08.11Axalta Celebrates the Opening of its Global Headquarters in the Philadelphia Navy Yard
More »