Salesforce Ventures, the global investment group of Salesforce, is launching a new $125 Million “Trailblazer” fund to help European enterprise cloud startups. The fund seeks to empower companies in a variety of fields ranging from digital payments to machine learning.
“Europe is a clear leader in cloud technology today, and we are excited to deepen our investment in the region. Our commitment to European startups reflects the growth of innovation, our belief in the local entrepreneurs and our focus on creating the world’s largest ecosystem of enterprise cloud companies to drive customer success.” -John Somorjai, EVP of Corporate Development and Salesforce Ventures.
Already Salesforce Ventures is the most active corporate VC in Europe, having already invested €28 billion in European and Israeli companies last year. Including companies such as GoCardless, FinalCAD, Contentful, Unbabel and Akeneo. The continued interest that Salesforce has in the European enterprise cloud ecosystem can only serve to drive its growth.