SAN FRANCISCO, Nov. 12, 2019 /PRNewswire/ -- Salesforce
(NYSE: CRM), the global leader in CRM, today announced that
Salesforce Ventures, the company's global corporate investment
group, has launched a new $50 million
Consultant Trailblazer Fund. The new fund will provide the next
generation of cloud consulting companies and digital agencies with
the capital required to build and scale their Salesforce services
capabilities for the future, and empower more customers to
transform their businesses with Salesforce.
Consultant Trailblazer Fund Supercharges Salesforce Ecosystem
Growth
According to new research from IDC, Salesforce and
its ecosystem of customers and partners will drive $1.2 trillion in new business revenues and 4.2
million new jobs worldwide between 2019 and 2024. The growing
demand for Salesforce solutions presents a massive opportunity for
Salesforce partners—in fact, many have reported that their
Salesforce practices are growing by more than 50% annually. The
Consultant Trailblazer Fund will support the thriving Salesforce
ecosystem with an infusion of capital and resources, empowering
more partners to deliver the trusted, personalized experiences
customers expect and drive customer success with Salesforce
Customer 360. This is a step forward as Salesforce works towards
its goal of reaching 250,000 certified consultants by 2022.
Salesforce launched its first $50
million Consultant Trailblazer Fund in May 2017 and fully committed the investment
dollars in just over two years. With that fund, Salesforce Ventures
invested in leading consulting firms including Astound Commerce,
ListEngage, Silverline, Simplus and Xertica to accelerate continued
growth and arm teams with the resources needed to help companies
successfully and quickly implement Salesforce technologies.
Comments on the News:
- "Salesforce Ventures is the only strategic fund focused 100% on
creating the world's largest ecosystem of enterprise cloud
companies and extending that technology to Salesforce customers,"
said John Somorjai, EVP of Corporate
Development and Salesforce Ventures. "Consultancies and digital
agencies play a vital role in our customers' digital
transformations. This follow-on fund dedicated to our consultant
ecosystem will drive further customer success around the
globe."
- "Salesforce partners are a driving force behind the growth of
the Salesforce ecosystem, which will create millions of jobs over
the next few years as companies accelerate their digital
transformations," said Tyler Prince,
EVP of Industries and Partners, Salesforce. "With the Consultant
Trailblazer Fund, we'll continue our focus on fueling the growth of
so many incredible consulting and agency partners, enabling them to
keep pace with customer demand."
- "Since Salesforce Ventures first invested in Simplus in 2016,
we have expanded globally and are now a Salesforce Platinum
Partner," said Ryan Westwood, CEO,
Simplus. "Salesforce Ventures has supported us throughout our
expansion into APAC, Canada and
EMEA. Salesforce Ventures' presence in our board meetings,
introductions and support of our ongoing strategy have been
invaluable to the growth of Simplus."
- "Silverline's vision has always been to help our clients
transform their businesses using the Salesforce Platform.
Partnering with Salesforce Ventures has allowed us to execute that
vision while expanding our incredible team, and deepening our focus
on the financial services and healthcare industries," said
Gireesh Sonnad, CEO and Co-Founder,
Silverline. "Salesforce Ventures continues to be a committed
partner, helping Silverline to scale and further develop deep
expertise in Salesforce technologies for our clients. Since the
initial investment, Silverline has grown from a Silver to Platinum
Salesforce Cloud Alliance partner, with hundreds of consultants and
over 1,200 Salesforce implementations."
Connect with Salesforce Ventures and Partners:
- Learn more about Salesforce Ventures:
http://www.salesforce.com/ventures
- Learn more about the Salesforce Partner Community:
https://partners.salesforce.com
- Follow @SalesforceVC on Twitter
- Follow @partnerforce on Twitter
- Get the skills needed for the workforce of the future with
Trailhead: https://trailhead.salesforce.com
About Salesforce Ventures
Salesforce is the global
leader in Customer Relationship Management (CRM), bringing
companies closer to their customers in the digital age. Salesforce
Ventures, the global investment arm of Salesforce, invests in the
next generation of enterprise technology that extends the power of
the Salesforce Platform. Salesforce Ventures is building the
world's largest ecosystem of enterprise cloud companies and
extending that technology to customers. Portfolio companies receive
funding, strategic advisory and operating support, and can easily
join Pledge 1% to make giving back part of their business
model. Salesforce Ventures has invested in more than 375 companies,
including DocuSign, GoCardless, Guild Education, nCino, Twilio,
Zoom and others across 22 countries since 2009. For more
information, please visit www.salesforce.com/ventures.
About Salesforce
Salesforce is the global leader in
Customer Relationship Management (CRM), bringing companies closer
to their customers in the digital age. Founded in 1999, Salesforce
enables companies of every size and industry to take advantage of
powerful technologies—cloud, mobile, social, internet of things,
artificial intelligence, voice and blockchain—to create a 360° view
of their customers. For more information about Salesforce (NYSE:
CRM), visit: www.salesforce.com.
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SOURCE Salesforce