Salesforce Impact Fund will invest in companies using its parent's technology to address issues in equality, sustainability, workforce development and the social sector.
Salesforce Ventures, the corporate venture capital subsidiary of enterprise software producer Salesforce, launched a $50m impact investment fund called Salesforce Impact Fund yesterday.
The fund will invest in companies using Salesforce technology to tackle and solve issues in areas such as equality, sustainability, workforce development and the social sector. It follows the formation of another $50m fund, the Salesforce AI Innovation Fund, last month.
Salesforce also disclosed the fund’s first four investments, which include its participation this week…