Salesforce

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Salesforce is an on-demand Customer Relationship Management (CRM) solution vendor. According to their website, more companies use Salesforce than any other on-demand CRM.

Salesforce was founded in 1999 by former Oracle executive Marc Benioff, and went public June 2004. Salesforce has been a pioneer in developing enterprise platforms through its innovative AppExchange directory of on-demand applications, and its Force.com “Platform as a Service” (PaaS) API for extending Salesforce. As of April 2008, the company boasts over 38,100 customers and over 900,000 subscribers.

Milestones

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  Salesforce invested in Practice Fusion. (8/5/09)
  Posted 8/5/09 at 11:29am
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  Salesforce acquired InStranet for $31.5M. (8/4/08)
  Posted 7/27/09 at 2:26am
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  Salesforce — Salesforce releases new force.com toolkit for Google APIs. (6/23/08)
  Posted 6/23/08 at 4:20am
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  Salesforce invested in Appirio. (3/13/08)
  Posted 7/21/08 at 12:16pm
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  Went public with stock symbol crm. (6/23/04)
  Posted 4/13/08 at 9:04pm
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  Salesforce received $17M in Series A funding. (12/2/99)
  Posted 4/13/08 at 9:02pm
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  Salesforce received $4M in Seed funding. (1999)
  Posted 4/13/08 at 9:02pm
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  Salesforce added Kenneth I. Juster as EVP, Law, Policy, and Corporate Strategy.
  Posted 4/13/08 at 8:43pm
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  Salesforce added Jim Steele as Chief Customer Officer and President of International Operations.
  Posted 4/13/08 at 8:43pm
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  Salesforce added Graham Smith as EVP & CFO.
  Posted 4/13/08 at 8:43pm
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  Salesforce added Polly Sumner as President, Platform, Alliances, and Services.
  Posted 4/13/08 at 8:43pm
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  Salesforce added George Hu as EVP, Marketing, Applications, and Education.
  Posted 4/13/08 at 8:43pm
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  Salesforce added Parker Harris as EVP, Technology.
  Posted 4/13/08 at 8:43pm
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  Salesforce added Steve Cakebread as President & Chief Strategy Officer.
  Posted 4/13/08 at 8:43pm
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  Salesforce added Marc Benioff as Founder, Chairman & CEO.
  Posted 4/13/08 at 8:40pm
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  Salesforce added Frank van Veenendaal as President, Global Corporate Sales and North American Operations.
  Posted 4/13/08 at 8:43pm

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Products

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Stock Price

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Compete

Sources

1. Citation Needed [add]
2. Practice Fusion Announces Investment from Salesforce.com and Cloud Computing Initiative (practicefusion.com) [edit]
3. Sequoia Capital Invests in Appirio to Accelerate the Adoption of On-Demand (foxbusiness.com) [edit]
4. Red Herring (redherring.com) [edit]
5. Red Herring (redherring.com) [edit]
6. Citation Needed [add]