Salesforce Ventures returned for a series D round that will help the fundraising software provider bolster hiring, product development and geographic expansion.

US-based fundraising software producer Classy completed an $118m series D round yesterday that included Salesforce Ventures, the corporate venture capital vehicle for enterprise software producer Salesforce.

The round was led by Norwest Venture Partners and also featured fellow venture capital firm Hinge Capital. It boosted the company’s funding to at least $199m since it was founded in 2006.

Classy provides a range of software tools which help non-profit organisations strengthen their fundraising and engage with current and prospective donors more…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.