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Share Name | Share Symbol | Market | Type |
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Salesforce Inc | NYSE:CRM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 277.18 | 28 | 09:34:12 |
SAN FRANCISCO, Oct. 3, 2017 /PRNewswire/ -- Salesforce [NYSE: CRM], the global leader in CRM, today announced the Salesforce Impact Fund from Salesforce Ventures, the company's corporate investment group. The new $50 million fund will accelerate the growth of companies using Salesforce technology to address challenges across workforce development, equality, sustainability and the social sector. The first funding recipients include Angaza, Ellevest, Hustle and ViridisLearning.
Comments on the News:
Salesforce Impact Fund to Fuel Companies Driving Positive Change on the Salesforce Platform
Salesforce believes that businesses can be powerful platforms for change and is committed to serving the interests of all stakeholders, including customers, partners, employees, investors, our communities and the environment. Salesforce Ventures is uniquely positioned to catalyze the growth of companies who are building products and solutions to benefit society across four key focus areas:
The Salesforce Impact Fund builds on previous investments in companies driving positive social change and aligns with Salesforce Ventures' charter to strategically invest in companies built on the Salesforce Platform, delivering unique capabilities to Salesforce customers. The first funding recipients include:
Salesforce Ventures, A Leading Global Corporate Venture Capital Group
Salesforce Ventures—Salesforce's corporate investment group—invests in the next generation of enterprise technology to extend the power of the Salesforce Intelligent Customer Success Platform to help companies connect with their customers in entirely new ways. Focused on building the world's #1 cloud computing ecosystem, Salesforce Ventures is the most active investor in the Forbes Cloud 100 list. Salesforce Ventures has also been one of CBInsights' top 4 most active global CVCs for the past 4 years.
Portfolio companies receive funding as well as access to the world's largest cloud ecosystem and the guidance of Salesforce's innovators and executives. With Salesforce Ventures, portfolio companies can also leverage Salesforce's expertise in corporate philanthropy by joining Pledge 1% to make giving back part of their business model. Salesforce Ventures has invested in more than 250 enterprise cloud startups in 14 different countries since 2009.
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About Salesforce
Salesforce, the global CRM leader, empowers companies to connect with their customers in a whole new way. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.
Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM." For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.
View original content with multimedia:http://www.prnewswire.com/news-releases/salesforce-ventures-introduces-new-50-million-impact-investment-fund-300529574.html
SOURCE Salesforce
Copyright 2017 PR Newswire
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