Salesforce Creates $100 Million Investment Fund for Mobile Innovation

Posted on Wednesday, September 10, 2014 by RICHARD HARRIS, Executive Editor

Salesforce Ventures is launching the Salesforce1 Fund to help invest in mobile innovation. The Salesforce1 Fund is the first dedicated fund from Salesforce Ventures, and will provide funding and support to entrepreneurs who access the Salesforce1 Platform to build next generation mobile apps and connected products. 

Salesforce Ventures invests in the next generation of enterprise technology and has invested in more than 100 enterprise cloud startups since 2009. The Salesforce1 Fund is launching with an allocation of $100 million in capital from Salesforce Ventures. 

The first wave of Salesforce1 Fund investments include:

DocuSign: DocuSign’s Digital Transaction Management (DTM) platform empowers mobile Salesforce users and their customers to go 100 percent digital so that anyone can transact anything, anytime, anywhere, on any mobile device securely.

i.am+: i.am+ is a fashion and technology brand that makes aspirational garments and accessories with functionality and untethered communications. 

InsideSales.com: InsideSales.com integrates core telephony features like Click-to-Call and Lead Management, powered by a predictive analytics engine, into any Salesforce1 mobile experience to make field reps more productive and accelerate sales. 

Skuid: Skuid allows customers to quickly create powerful apps for any device without code.

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