Salesforce Ventures launches new $50 million Consultant Trailblazer Fund
Salesforce has announced that Salesforce Ventures has launched a new $50 million Consultant Trailblazer Fund. The new fund will provide the next generation of cloud consulting companies and digital agencies with the capital required to build and scale their Salesforce services capabilities for the future, and empower more customers to transform their businesses with Salesforce.
The Consultant Trailblazer Fund will support the thriving Salesforce ecosystem with an infusion of capital and resources, empowering more partners to deliver the trusted, personalized experiences customers expect and drive customer success with Salesforce Customer 360. This is a step forward as Salesforce works towards its goal of reaching 250,000 certified consultants by 2022.
Salesforce launched its first $50 million Consultant Trailblazer Fund in May 2017 and fully committed the investment dollars in just over two years. With that fund, Salesforce Ventures invested in leading consulting firms including Astound Commerce, ListEngage, Silverline, Simplus and Xertica to accelerate continued growth and arm teams with the resources needed to help companies successfully and quickly implement Salesforce technologies.
“Salesforce Ventures is the only strategic fund focused 100% on creating the world's largest ecosystem of enterprise cloud companies and extending that technology to Salesforce customers,” said John Somorjai, EVP of Corporate Development and Salesforce Ventures. “Consultancies and digital agencies play a vital role in our customers’ digital transformations. This follow-on fund dedicated to our consultant ecosystem will drive further customer success around the globe.”
“Salesforce partners are a driving force behind the growth of the Salesforce ecosystem, which will create millions of jobs over the next few years as companies accelerate their digital transformations,” said Tyler Prince, EVP of Industries and Partners, Salesforce. “With the Consultant Trailblazer Fund, we’ll continue our focus on fuelling the growth of so many incredible consulting and agency partners, enabling them to keep pace with customer demand.”
“Since Salesforce Ventures first invested in Simplus in 2016, we have expanded globally and are now a Salesforce Platinum Partner,” said Ryan Westwood, CEO, Simplus. “Salesforce Ventures has supported us throughout our expansion into APAC, Canada and EMEA. Salesforce Ventures' presence in our board meetings, introductions and support of our ongoing strategy have been invaluable to the growth of Simplus.”
For the first time, Salesforce is bringing TrailheaDX, its annual developer conference, to India from December 19-20. The conference provides technical sessions, hands-on workshops and bootcamp tracks for Salesforce developers, administrators and architects. The event is designed to empower a new generation of developers to create connected experiences, build apps fast and skill up.
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