Salesforce Ventures launches second Impact Fund of €84.7 million for cloud companies

Today Salesforce, a global leader in CRM, announced its second Impact Fund from Salesforce Ventures, the company’s global strategic investment arm. The new approx. €84.7 million ($100 million) fund will accelerate the growth of cloud companies addressing some of today’s most pressing needs including education and reskilling, climate action, diversity, equity and inclusion, and providing […]

OwnBackup lands $50M as backup for Salesforce ecosystem thrives

OwnBackup has made a name for itself primarily as a backup and disaster recovery system for the Salesforce ecosystem, and today the company announced a $50 million investment. Insight Partners led the round with participation from Salesforce Ventures and Vertex Ventures. This chunk of money comes on top of a $23 million round from a […]

London-based Hopin raises €35.6 million to boost its online events platform

UK startup Hopin, an all-in-one live online events platform, has raised a Series A funding round of around €35.6 million led by IVP, and participated in by Salesforce Ventures and existing investors including Accel, Northzone, Seedcamp, and Slack Fund.  Founded in 2019, Hopin is an online event space which offers full conference capabilities: stages, networking, […]

Urbint, a provider of field safety information for utilities, raises $20 million

Urbint, a developer of a field safety information service for industrial workforces, has raised $20 million in a new round of funding as it looks to expand its research and development capabilities, grow internationally, and develop services for new industrial categories. With the bulk of its business in the North America utility market, it was […]

As private investment cools, enterprise startups may try tapping corporate dollars

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporate route offers its own set […]