The customer relationship management software producer launched four specialist funds with $250m of capital and scored big on the IPO exit front.
US-based enterprise software provider Salesforce had another interesting year on the corporate venturing side, allocating $250m in capital to four new funds and seeing three of its unicorn portfolio companies going public.
Salesforce is the most prominent corporate venturer in the enterprise space, particularly since Germany-based SAP spun out its CVC arm into the independent firm now known as Sapphire Ventures, and despite the entry of companies like Slack and Workday into the space, it continues to outspend rivals through…
