Tag Archives: Salesforce.com
Salesforce.com Acquires Social Performance Company Rypple
Box.net Raises $81 Million With Valuation That Is Over $600 Million
Cloud storage company Box.net has raised $81 million in Series D funding from Salesforce.com, SAP Ventures, Bessemer Venture Partners, New Enterprise Associates, Andreessen Horowitz, and Draper Fisher Jurvetson. Box.net has now raised a total of $162 million. This puts Box.net’s valuation at over $600 million.
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Cloud Storage Company Box.net Raises $50 Million
Box.net has raised a new round of $50 million in funding. Investors in this round include Salesforce.com, Andreessen Horowitz, Draper Fisher Jurvetson, Emergence Capital Partners, Meritech Capital Partners, Scale Venture Partners, and U.S. Venture Partners. Box.net has now raised a total of $128 million. Box.net has 7 million users and 300 million documents are stored on their service. Box.net was founded in 2005 by Aaron Levie and Dylan Smith in 2005. About 77% of the Fortune 500 uses Box.net’s cloud storage solutions service. [TechCrunch]
Salesforce.com CEO Marc Benioff Gave Up App Store Trademark In Exchange For Advice From Steve Jobs
Bloomberg has released an interview with Salesforce.com, Inc. (NYSE:CRM) CEO Marc Benioff. Benioff shared an anecdote of how Apple chairman Steve Jobs gave him advice about Enterprise Software.
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Categories Apple Inc., Marc Benioff, Salesforce.com, Steve Jobs
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Judge Says Former Microsoft GM Matthew Miszewski Cannot Join Marketing Role In Salesforce.com
Judge Kimberley Prochnau in the King County Superior Court has filed a preliminary injunction against Matthew Miszewski. Miszewski attempted to join Salesforce.com, but this was in violation of his non-compete agreement. Miszewki is prohibited from “working in a marketing role in salesforce.com’s public or commercial sector anywhere in the world.”
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Salesforce Acquires Social Media Company Radian6 For $326 Million
Salesforce.com, Inc. (Public, NYSE:CRM) has bought social media monitoring company Radian6 for $276 million in cash and $50 million in stock. The company will also be given $10 million in stock and $4 million in cash to Radian6′s founders subject to vesting conditions over the next 2 years. Radian6′s software helps clients like Dell, GE, Kodak, etc. monitor hundreds of millions of social media conversations. Salesforce plans on enhancing their software products like Sales Cloud, Chatter, etc.
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Categories Marc Benioff, Radian6, Salesforce.com
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HubSpot Raises $32 Million In Series D
Brian Halligan and Dharmesh Shah founded HubSpot Inc. in 2006 and they have recently raised $32 million in Series D. The funding was provided by new investors Google Ventures, Sequoia Capital, and Salesforce.com. Existing investors General Catalyst, Matrix Partners, and Scale Venture Partners also participated in this round. HubSpot has raised a total of $65 million thus far.
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Salesforce.com Acquires Manymoon For Over $25 Million
Salesforce.com, Inc. (NYSE:CRM) has acquired social productivity company Manymoon for over $25 million. Manymoon’s productivity application is one of the most popular on Google’s application platform. Manymoon had raised a little bit of seed funding in a round by Harrison Metal. Manymoon’s application enables users and businesses to collaborate, organize group projects, and work on tasks/documents through e-mail and other software. About 50,000 businesses use Manymoon’s app. [AllThingsD]
Categories Harrison Metal, Harrison Metal Capital, Manymoon, Salesforce.com
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Yammer Pokes Fun At Salesforce.com For Being A Copycat [VIDEO]
Yammer is a company that has developed internal social media applications for companies. It is like a “Facebook for business.” However Salesforce.com built a similar service called Chatter and they even bought a Super Bowl commercial for it. Interestingly Salesforce.com CEO Marc Benioff praised Yammer at the TechCrunch50 conference before launching Chatter. Check out the video above. [BusinessInsider]
Categories Marc Benioff, Salesforce.com, Salesforce.com Chatter, Yammer
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Seesmic Raises $4 Million, Bringing Them To A Total Of $16 Million
Seesmic is a social media application company based in San Francisco that enables people to send out mass updates on Twitter and other services. Seesmic competes directly with TweetDeck. Earlier this month Seesmic has raised $4 million in a new round of funding from Salesforce.com, Softbank Group, Atomico, Omidyar Network, and Wellington Partners. Seesmic has raised a total of $16 million thus far.