Archives: Salesforce Ventures

What Not to Say to @SalesforceVC Ventures to Get Their Financial Support

Salesforce has acquired or invested in a number of companies in recent years to extend its product line of business tools and while the company seems to be on a spending spree, its investment strategy follows specific criteria.  Read the source article at Salesforce news, tips and videos

.@Invoca taps #Salesforce veteran as CEO – @Gregg_Johnson

A long-time veteran of Salesforce, Gregg Johnson spent the last 10 years working to develop various cloud products for the enterprise, including Chatter, Communities, and Marketing Cloud. His expertise in the enterprise, digital marketing, and product management spaces will likely be critical in the evolution of Invoca. Read the source article at VentureBeat

Simplus Receives $7.3M in Series A Funding – Salesforce Ventures Participates

Simplus, a Salesforce Consulting Partner, announced it has raised more than $7M in a Series A funding round led by Epic Ventures with participation from Salesforce Ventures, and Silicon Valley Bank. Simplus also announced its acquisition of BaldPeak Consulting, a provider of quote-to-cash services. Read the source article at

Salesforce Becomes a Force in Venture Capital

Looking for up-and-coming startups is a competitive business in Silicon Valley, and Salesforce’s VC arm has backed at least 31 startups so far this year. Salesforce Ventures chief, John Somorjai, sees boss Marc Benioff as more collaborator than competitor. Read the source article at Bloomberg

Salesforce Sees $1 Billion Run Rate from Its Marketing Cloud

According to the Wall Street Journal, John Somorjai, executive vice president of corporate development and Salesforce Ventures, stated, “Our Marketing Cloud as a whole is our next billion-dollar cloud. We already have three products with revenue run rates of more than $1 billion today.” Read the source article at Market Realist