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Salesforce

company

About

Salesforce is a global cloud computing company that develops CRM solutions and provides business software on a subscription basis.

Details

Last Funding Type
Post-IPO Equity
Industries
Analytics,CRM,Enterprise Software,SaaS
Founded date
Jan 1, 1999
Number Of Employee
10001 - max
Operating Status
Active
Stock Symbol
nyse:CRM
Investor Type
Venture Capital

Salesforce is a global cloud computing company that provides business software on a subscription basis. It is best known for its on-demand customer relationship management (CRM) solutions. It offers users a customer community, partner community, developer community, and an app exchange marketplace. Salesforce provides its products and services to various industries, including healthcare, finance, life sciences, automotive, media, retail, manufacturing, and communications.


Salesforce's products portfolio includes Sales Cloud: a platform that enables users to track customer information and interactions in one place via its contact management, opportunity management, sales collaboration, and sales performance management services; Service Cloud: tools that enable users to access personalized, 24/7, and intelligent customer service, along with multichannel support; Marketing Cloud: a platform that offers email, mobile, and social media marketing services, along with web personalization and advertising services; Community Cloud: an online collaboration platform that connects customers, partners, and employees; and Analytics Cloud: a platform that enables users to share datasets and insights, access them and find answers for their questions, and collaborate with their teams via any device.


Data.com is a cloud-based automated system with an online business directory of companies and business professionals that enables users to acquire and manage CRM records within a user's Salesforce.com account. Desk.com is a cloud-based helpdesk system for interacting with customers and solving customer issues. Pardot is a B2B marketing automation tool that enables users to optimize deliverability rates, target emails to a specific audience, and test the success rate of email content. Chatter connects employees with appropriate files, data, and expert help to handle their work.


The Salesforce1 platform brings together Salesforce.com, Force.com, Heroku, and ExactTarget into one family of cloud services. Salesforce.com provides companies with an interface for case management and task management, and a system to automatically route and escalate important events. Force.com is a platform as a service (PaaS) that allows developers to create multitenant add-on applications. Heroku is an app development platform.


Salesforce was founded by Parker Harris and Marc Benioff in 1999 and is based in California, United States.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$175.37M
Salesforce has raised a total of $175.37M in funding over 2 rounds. Their latest funding was raised on Oct 18, 2022 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 18, 2022 Post-IPO Equity 1 Starboard Value Detail
Jun 23, 2004 IPO $110M Detail
Jan 1, 2003 Series Unknown $1M 1 Emergence Detail
Jan 1, 2002 Series Unknown 1 Detail
Jun 1, 2001 Series D $46.91M 13 Detail

Investments

Number of Investments
Number of Lead Investments
63
31
Salesforce has made 63 investments. Their most recent investment was on Dec 15, 2022, when Mobile Pathways raised $1M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 15, 2022 Mobile Pathways
Seed $1M Mobile
Dec 8, 2022 Next Chapter
Grant $2.50M CivicTech Yes
Dec 5, 2022 Apromore
Series B $15.80M Analytics Yes
Grant $25K Agriculture Yes
Grant Non Profit Yes

Investors

Number of Lead Investors
Number of Investors
4
22
Salesforce is funded by 22 investors. Starboard Value and Emergence are the most recent investors.
Investor Name Lead Investor Funding Round
Starboard Value Yes Post-IPO Equity
Emergence Yes Series Unknown
New Enterprise Associates Series Unknown
Allen Miner Series D
Attractor Investment Management Series D
Credit Suisse First Boston Series D
Halsey Minor Series D
Marc Benioff Series D
Meritech Capital Partners Series D
MF Capital Series D

Employee Profiles

Number of Employee Profiles
742
Salesforce has 742 current employee profiles, including Board member Susan Wojcicki
Board member
Employee
Executive
Executive
Executive

Exits

Salesforce has had 14 exits. Salesforce most notable exits include Mikatus ,   Relationship Science

Date Company Name Exit Type Industry
May 8, 2022 Mikatus M&A Accounting Detail
May 24, 2021 Relationship Science M&A B2B Detail
Mar 16, 2020 Checkmarx M&A Enterprise Software Detail
Jan 7, 2020 Evariant M&A Health Care Detail
Jun 19, 2019 Sansan IPO B2B Detail

Acquisition

Salesforce has acquired 70 organizations. Their most recent acquisition was Sendia on Apr 11, 2006. They acquired Sendia for 0.

Date Company Name
Industry Acquisition Type Price
Apr 11, 2006 Sendia
Marketing acquisition Detail
Aug 22, 2006 Kieden
Advertising Detail
Information Technology Detail
Aug 19, 2008 InStranet
Apps $ 31.50M Detail
Dec 11, 2009 GroupSwim
B2B $ 7M Detail