SalesForce News
48 articles
Israeli intelligence vets raise $20M to track developer buying signals
Israeli startup Onfire has emerged from stealth mode with a $20 million funding round, including a $14 million Series A co-led by Grove Ventures and TLV Partners. The company, founded by alumni of the Israel Defense Forces Unit 8200, uses AI to monitor public forums and identify potential B2B sales leads by analyzing discussions about developer tools. Onfires platform helps sales teams time and contextualize their outreach by layering in data on budget cycles. The startup claims to have facilitated over $50 million in closed deals for its clients since its beta launch. Despite potential privacy concerns due to the founders intelligence backgrounds, the company emphasizes its data-centric approach as a competitive advantage.
InvestmentCustomersProduct Stage
How the Launch of AI Identity Protection for Agentforce at Varonis (VRNS) Has Changed Its Investment Story
Varonis Systems has launched its AI identity protection for Salesforce Agentforce, aimed at providing visibility and automated controls over AI agent data access within Salesforce environments. This release addresses the need to manage AI agent permissions as enterprises increasingly deploy AI solutions. The launch reinforces Varonis positioning as a data security provider, tying product momentum to expanding share in AI-centered data security. Despite product innovation, the companys path to profitability is challenged by ongoing SaaS transition pressures. Varonis anticipates $911.4 million in revenue and $119.3 million in earnings by 2028, implying a 15.3% annual revenue growth rate.
Product Stage
Varonis Introduces Identity Protection for Salesforce Agentforce
Varonis Systems, Inc. announced the launch of its AI identity protection for Salesforce Agentforce at Dreamforce 2025. The new features provide IT and security teams with enhanced visibility and control over data accessed by AI agents created with Salesforce Agentforce. Varonis solution allows customers to inventory AI agents, unify visibility across data sensitivity, permissions, and activity, and automatically enforce least privilege access. This development is expected to enhance data security and risk management for businesses using Salesforce. Varonis for Agentforce is available on Salesforces AppExchange, and organizations can request a complimentary Data Risk Assessment to evaluate their Salesforce security posture.
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AI Complaint Management Market Trends and Forecasts Report 2025-2033, with Benchmarking Profiles of Salesforce, Microsoft, Oracle, SAP, Zendesk, Freshworks, Zoho, NICE, Kustomer, and Verint Systems
The global AI complaint management market is set for significant growth, driven by advancements in AI that enhance the speed and personalization of complaint resolution. These improvements consolidate multi-channel interactions and provide proactive insights, reducing costs and increasing customer satisfaction and loyalty. The market, valued at USD 5.29 billion in 2024, is projected to reach USD 28.92 billion by 2033, with a CAGR of 21.1% from 2025 to 2033. AI solutions automate ticket management, perform real-time sentiment analysis, and use predictive analytics to optimize complaint resolution, offering businesses a competitive edge in customer service.
Online marketplace Fiverr to lay off 30% of workforce in AI push
Fiverr International, an Israel-based online services marketplace, is laying off 30% of its workforce, affecting 250 employees, as part of a restructuring plan to focus on artificial intelligence. The company aims to become an AI-first organization by automating systems and streamlining operations. Despite the layoffs, Fiverr plans to reinvest savings into the business and does not expect the job cuts to impact marketplace activities in the near term. The move aligns with similar strategies by larger tech firms investing in AI to enhance productivity and efficiency.
Layoffs
MNDY's Spending Surge Intensifies: Is Margin Expansion at Risk?
Monday.com is facing challenges with its aggressive spending strategy, which is putting pressure on its profitability metrics. The companys revenue growth is slowing, with a 27% increase to $299 million in Q2 2025, compared to a 34% rise in Q2 2024. The Zacks Consensus Estimate for Q3 2025 revenue is $312.1 million, indicating a further slowdown. Research and development costs have increased due to AI-related investments, and sales and marketing expenses remain high. Despite plans to expand headcount by 30% in fiscal 2025, the company is struggling with operational efficiency, as evidenced by a contraction in non-GAAP operating margin. Competitors like Salesforce and Atlassian are managing to scale profitably, highlighting Monday.coms challenges.
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A comprehensive list of 2025 tech layoffs
The tech industry continues to experience significant layoffs in 2025, with over 22,000 job cuts reported so far. Peloton is among the companies affected, announcing a 6% workforce reduction as part of its sixth layoff in just over a year. The companys CEO, Peter Stern, stated that these cuts are necessary to improve long-term business health. Meanwhile, other companies are also making substantial layoffs, including a back-office software provider for restaurant chains and a corporate video software company, which is reducing its workforce by 10% to save $8.5 million. The ongoing layoffs highlight the impact of AI and automation on the industry.
Layoffs
These 3 Artificial Intelligence (AI) Stocks Could Soar 45% or More Over the Next 12 Months, According to Wall Street
The article discusses the potential growth of AI-focused companies like Salesforce, HubSpot, and monday.com, despite recent stock declines. Salesforce is highlighted for its strong underlying business and a recent $8 billion acquisition of AI-powered cloud data management company Informatica. Analysts are optimistic about Salesforces future, predicting significant stock gains. HubSpot and monday.com are also expected to see stock increases due to their AI-driven platforms, despite recent revenue challenges. Overall, the article suggests that AI investments by major tech firms could lead to substantial growth for these companies.
AcquisitionCustomers
Nice to Benefit From AI Adoption in Contact Center as a Service Segment, Morgan Stanley Says
The article discusses the positive impact of AI adoption on Nice, particularly in the Contact Center as a Service market. The integration of AI technology is expected to benefit Nice, enhancing its service offerings and potentially leading to growth in this sector. The article suggests that Nice is well-positioned to capitalize on the increasing demand for AI-driven solutions in contact centers. However, access to the full article requires a subscription to MT Newswires.
Salesforce, NICE Expand Partnership for AI-Powered Customer Service
Salesforce Inc. has expanded its partnership with NICE Ltd. to enhance customer service experiences through deeper integration of their platforms. This collaboration focuses on integrating NICE’s AI-powered customer experience capabilities with Salesforce Service Cloud. The partnership builds on their previous collaboration and aims to enable Bring Your Own Contact Center and integrate NICE’s Workforce Engagement Management capabilities into Salesforces unified desktop. NICE will join the Salesforce Zero Copy Partner Network, becoming the first in the Contact Center ecosystem to enable a bidirectional Zero Copy integration with Salesforce Data Cloud. This will allow for real-time, AI-driven orchestration using complete customer journey context.
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NICE Grows Through Expanding Portfolio and Strong Partnerships
Nice is experiencing growth due to its robust cloud business and AI-powered solutions, particularly through its CXone platform. The company reported a 12% year-over-year increase in cloud revenues for Q1 2025. Nice has expanded its customer base and strengthened partnerships with companies like Salesforce, RingCentral, Snowflake, and AWS. These collaborations aim to enhance AI-driven customer experiences and streamline data management. The company projects continued revenue and earnings growth for 2025, driven by its diverse portfolio and strategic partnerships.
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Salesforce (CRM) Expands AI-Driven Customer Experiences Through Deeper NiCE Collaboration
Salesforce experienced a 6% decline in its share price despite positive market trends, with the S&P 500 and Nasdaq reaching record highs. The company announced an expanded partnership with NiCE to integrate AI-driven services into its Service Cloud and a collaboration with Sprout Social to enhance social media management capabilities. These developments aim to enhance Salesforces AI capabilities and expand its Service Cloud offerings. However, the share price drop suggests possible investor skepticism or perceived execution risk. Despite a solid three-year total shareholder return of 23.26%, Salesforce underperformed the US market and software industry over the past year. The companys current share price is significantly below the consensus price target, indicating potential upside if strategic initiatives are successfully executed.
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NiCE Deepens Partnership with Salesforce to Accelerate End-To-End Customer Service Workflow Orchestration
NiCE has announced an expanded strategic partnership with Salesforce to enhance AI-driven customer experiences through deeper integration between NiCE CXone Mpower and Salesforce Service Cloud. This collaboration aims to provide seamless customer service experiences by integrating NiCEs AI-powered CX and intelligent orchestration with Salesforces CRM platform. The partnership will enable real-time AI-driven orchestration, unifying contact center interaction insights with CRM data. This integration will allow shared customers to leverage a unified, intelligent service environment, enhancing customer satisfaction and operational efficiency. The partnership is expected to drive joint growth and innovation.
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Cloud OSS BSS Market worth $56,848.3 million by 2030 | MarketsandMarkets™
The article discusses the growth of the Cloud OSS BSS Market, projected to reach USD 56,848.3 million by 2030. The market is transforming telecom operations with real-time, agile, and scalable service delivery through cloud-native platforms. Key developments include Verizons partnership with Oracle to enhance 5G monetization and Amdocs collaboration with AWS for managed OSS BSS services. The adoption of Open Digital Architecture and Kubernetes is promoting interoperability and innovation. AI-powered automation and new technology introductions, such as Amdocs GenAI-based amAIz platform, are driving growth. These advancements position cloud OSS BSS as crucial for service innovation and regulatory compliance in telecom.
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Prediction: These 5 First-Half AI Stock Losers Will Be Second-Half Winners
The article discusses the potential rebound of several AI-focused companies in the second half of 2025, with a particular focus on Alphabet. Despite concerns about AI disrupting its core search business, Alphabet is positioned as a content discovery platform with significant distribution advantages. Its AI-powered Search Mode has been well-received, and its cloud computing business is experiencing strong growth. Alphabets partnerships and assets like Waymo and Willow are also highlighted as underappreciated strengths. The article also mentions other companies like GitLab, Salesforce, ServiceNow, and SentinelOne, each with their own AI-driven strategies and growth prospects.
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Equity Markets Rise Intraday After Israel-Iran Ceasefire; Oil Declines
The article is a premium news piece from MT Newswires, dated June 24, 2025. It mentions that US benchmark equity indexes were higher intraday, while oil prices retreated following a US-brokered event. The article is behind a paywall and requires a Silver or Gold subscription plan for full access. No specific company, investment, acquisition, or other business-related details are provided in the available text.
FTSE 100 higher and US markets mixed as Trump sets deadline on Iran decision
SoftBanks shares rose in pre-market trading following reports of founder Masayoshi Sons consideration to launch a $1 trillion industrial hub in Arizona, focusing on robotics and artificial intelligence. This ambitious project, named Project Crystal Land, aims to transform Arizona into a tech manufacturing center akin to Chinas Shenzhen. SoftBank is in early discussions with Taiwan Semiconductor Manufacturing Company (TSMC) for a potential partnership, although TSMCs involvement is not yet clear. The project seeks to attract private-sector participation, with discussions involving potential tax incentives. This initiative is part of a broader strategy to expand US data center capacity for AI development.
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Trending tickers: SoftBank, Pop Mart, Snowflake, Salesforce and Nvidia
SoftBank is considering launching a $1 trillion industrial hub in Arizona, focusing on robotics and artificial intelligence. This ambitious project, named Project Crystal Land, aims to transform Arizona into a tech manufacturing center akin to Shenzhen, China. SoftBank is in early talks with Taiwan Semiconductor Manufacturing Company (TSMC) for a potential partnership, though details are not yet clear. TSMC is already investing significantly in US-based chip plants. The project seeks to attract major technology players and involves discussions with US federal and state officials about potential tax incentives. This initiative is part of a broader strategy to enhance US data center capacity for AI development.
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Salesforce initiated, Dollar Tree upgraded: Wall Street’s top analyst calls
MongoDB received an upgrade from Monness Crespi to Buy from Neutral, with a new price target of $295. This decision follows MongoDBs Q1 performance, which exceeded expectations, and a positive outlook for Q2. The company also raised its fiscal 2026 guidance and announced an $800 million stock repurchase program, indicating strong financial health and confidence in future growth. These developments are seen as growth-positive for MongoDB, reflecting investor optimism and potential for stock appreciation.
Investment
How to play software stocks now
The article discusses the current state of the software industry, focusing on companies like Salesforce and Microsoft. It highlights the maturation of the cloud software market and the shift towards AI technologies. Salesforce is experiencing slower overall growth, although there is some acceleration in its AI-related segment. However, this growth is not yet significant enough to impact the companys overall growth profile. The article also mentions monday.com as a promising growth opportunity in the software space. The discussion emphasizes the challenges of maintaining high growth rates in a maturing market and the potential for AI to drive future growth.
סיילספורס, שמתמחה בתוכנה לניהול שירות לקוחות, מסרה כי היא מבקשת לשלב את הנתונים של אינפורמטיקה ואת שירותיה בתחום האינטגרציה, פרטיות וניהול נתונים - עם פלטפורמת ה-AI שלה המכונה אג'יינטפורס
Salesforce, a leader in customer service management software, has announced its acquisition of Informatica, a cloud data management software company, for $8 billion. This strategic move aims to enhance Salesforces presence in the artificial intelligence sector by integrating Informaticas data integration, privacy, and management services with Salesforces AI platform, Agentforce. The acquisition will be funded through Salesforces cash reserves and new debt. Informaticas shareholders will receive $25 per share. The acquisition is expected to strengthen data management and AI capabilities for both companies, providing additional value to their customers. The transaction is subject to regulatory approvals in various countries.
Acquisition
Was Jim Cramer Right About monday.com Ltd. (MNDY)?
The article discusses the performance of monday.com Ltd. (NASDAQ:MNDY) in the context of Jim Cramers stock predictions. Cramer likened monday.com to a junior Salesforce and predicted its strong performance. The stock has indeed outperformed, gaining 28.34%, and is recognized as a fast-moving project management platform with strong enterprise appeal. While monday.com is seen as a solid investment, the article suggests that some AI stocks might offer higher returns with less risk. The article is part of a broader discussion on promising AI stocks and investment opportunities.
Post-merger workforce reductions leave employees bracing for change.
Salesforce completed its $1.9 billion acquisition of Israeli-founded startup Own, a data management company, earlier this week. This acquisition marks Salesforces largest purchase since acquiring Slack in 2021. However, the acquisition has led to workforce reductions, with employees being notified of impending layoffs. The exact number of layoffs remains unclear, but affected employees will leave by January 31, 2025. Own, which had previously laid off 150 employees in 2022, was valued at $3.3 billion during its funding peak in 2021. Despite the high acquisition price, investors from the most recent funding round may face losses. The acquisition strengthens Salesforces data security and backup capabilities, a critical area in enterprise technology.
AcquisitionLayoffs
The deal, originally announced in September, was finalized with a cash transfer on Monday. Israel’s Own exits under its peak valuation but delivers returns for major investors like Vertex and Insight Partners.
Salesforce completed its $1.9 billion acquisition of Israeli cloud backup company Own, marking its largest purchase since acquiring Slack in 2021. Own, founded in 2015, specializes in secure data management and backup solutions for Salesforce applications. Despite raising nearly $500 million and reaching a peak valuation of $3.3 billion in 2021, the acquisition was finalized below this valuation, potentially leading to losses for recent investors. The acquisition was beneficial for major investors like Vertex and Insight Partners. Own faced challenges, including laying off 150 employees in 2022. The acquisition strengthens Salesforces focus on data security and backup solutions.
Acquired-byLayoffs
Zoomin’s journey from bootstrapped startup to Salesforce’s AI arsenal | CTech
Zoomin, an Israeli company specializing in managing unstructured data, has been acquired by Salesforce for $450 million. This acquisition is significant as it enhances Salesforces AI capabilities, particularly in customer service and CRM software. The collaboration between Zoomin and Salesforce began in 2018 with an investment from Salesforce Ventures and has since deepened, culminating in a strategic collaboration and joint product launch earlier this year. Zoomins technology will be integrated into Salesforces platforms, enabling better AI-powered customer service solutions. The acquisition also highlights Salesforces commitment to expanding its presence in Israel, following its recent purchase of Own for $1.9 billion.
Acquired-byPartnersInvestment
Salesforce to acquire data protection specialist Own Company for $1.9 billion
On September 6, 2024, Salesforce announced a definitive agreement to acquire Own Company, a data protection and data management solutions provider, for $1.9 billion in cash. This acquisition aims to enhance Salesforces data protection, security, and compliance capabilities, especially in light of the growing use of AI and generative AI. Own Company, a Salesforce Ventures portfolio company and AppExchange partner since 2012, has nearly 7,000 customers. Salesforce plans to integrate Owns offerings with its existing products like Salesforce Backup, Shield, and Data Mask. The transaction is expected to close in Q4 of Salesforces fiscal year 2025, pending regulatory approvals, and will not affect the companys fiscal year 2025 guidance or capital return program.
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Salesforce in Advanced Talks to Buy Informatica
Salesforce appoints Oren Winter as Head of Salesforce Israel R&D Center | CTech
Salesforce has appointed Oren Winter as the Head of Salesforce Israel R&D Center. Winter, who joined Salesforce in 2021 as SVP Engineering in Israel, will lead the program in Israel and continue the development of the companys leading Marketing Intelligence & search and Data Cloud products. Prior to Salesforce, Winter spent over 20 years at Microsoft in various roles. Salesforce Israel, established in 2011, serves as the R&D hub for the international company and employs over 750 people.
Management Changes
Salesforce donates 3 million dollars to terror attack victims, among them Holocaust survivors | CTech
Salesforce has donated $3 million to assist with the immediate needs arising from the recent terrorist attack and the Hamas-Israel war. The funds were given to three organizations, Ihud Hatzala, Save the Children, and The Association for Immediate Help for Holocaust Survivors, to provide victims with basic aid, food, equipment, and emotional support. The company expressed its concern for the victims, their loved ones, and communities, as well as its employees and their families in the region.
Investment
"המרכז של סיילספורס בארץ חושב מאוד מאוד רחוק" -
Salesforces Israeli center is focusing on far-reaching developments, particularly in the field of creative AI. This follows Salesforces acquisition of Israeli startup Bonobo in 2019. The companys new Einstein 1 platform, announced at the Dreamforce conference in San Francisco, relies heavily on Israeli developments. Rami Segal, SVP of Product Management at Salesforce, highlighted the importance of the Israeli branch in the companys overall structure. He also mentioned that the center in Israel thinks very far ahead, focusing on infrastructural issues and big problems.
Acquisition
"אנחנו אחד משני המרכזים האסטרטגיים היחידים של סיילספורס מחוץ לארה"ב"
Efrat Rapoport, along with three friends, founded a start-up called Bonobo that analyzed calls in service centers. They raised $4.5 million, initially from private investors and then from an American fund. The software giant Salesforce made an offer they couldnt refuse - to buy the company for $50 million. While she was pregnant, she was offered to manage Salesforces R&D center in Israel, which employs about 750 employees, a position she has been filling for the last two years.
AcquisitionManagement Changes
Salesforce sacking 10% of global workforce | CTech
Salesforce plans to lay off about 10% of its employees and close some offices as part of its restructuring plan. The companys Israeli headquarters are also included in the cutback plan, with dozens of employees expected to be laid off. Salesforce cites a challenging economy and a more measured approach to purchasing decisions by customers as reasons for the layoffs. The company expects to incur charges of $1.4 billion to $2.1 billion, with a significant portion recorded in the fourth quarter of fiscal 2023. Salesforces stock value declined last year due to a selloff in tech stocks and concerns about rising interest rates and a possible U.S. recession.
Layoffs
Salesforce appoints Efrat Rapoport as Head of Salesforce Israel R&D Center
Salesforce has appointed Efrat Rapoport as Head of Salesforce Israel R&D Center. Rapoport will oversee the companys growing R&D program in the country, focusing on AI-powered big data marketing intelligence and other solutions. She joined Salesforce in 2019 after it acquired Bonobo AI, where she was one of the founders. In addition to her new role, Rapoport will also hold the position of VP, Product Management. The appointment is seen as a positive growth move for Salesforce. The companys Israel R&D Center employs 700 people in three centers located in Tel Aviv, Petah Tikva, and Nazareth.
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ענקית הענן סיילספורס פותחת מחדש את משרדיה בישראל
Salesforce, the cloud giant, has announced the reopening of its offices in Israel, which were closed due to the Covid-19 pandemic. The Tel Aviv office is among the first of the companys offices in the Middle East, Europe, and the US to reopen. The company employs 700 people in Israel. The reopening will be gradual, with offices operating at 20% to 75% capacity depending on local pandemic data and management guidelines. Both vaccinated and unvaccinated employees can return to the office, subject to strict safety protocols. The company has also extended the option for employees to work from home until December 31, 2021.
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סמנכ"ל הפיתוח של סיילספורס בישראל פורש
The Head of Development at SalesForce in Israel, Elad Donsky, has resigned. Donsky was responsible for a significant part of the companys development activities in Israel, including the Einstein system, the companys AI system for sales. Donsky joined the company after the acquisition of Implicit. After leaving SalesForce, Donsky joined the start-up Mayple. SalesForce has not announced his replacement yet. SalesForce employs hundreds of employees in Israel and has invested over $2 billion in Israeli companies in 2018-2019. The company acquired Israeli start-up Datorama for $850 million in July 2018 and recently acquired Israeli company ClickSoftware for approximately $1.35 billion.
Management Changes
https://www.jpost.com/israel-news/software-giant-salesforce-backs-israeli-automotive-data-start-up-630830
Herzliya-based automotive data service start-up Upstream Security has secured an investment from Salesforce Ventures. The undisclosed sum expands Upstreams Series B funding round, which was announced last year and raised $30 million from a group of automotive industry leaders. Upstream offers cloud-based data services for connected cars, including cybersecurity protection. The partnership with Salesforce will bring real-time end-to-end data-driven solutions to the automotive sector. The investment expands Salesforces involvement in Israels hi-tech ecosystem.
Investment
Salesforce Appoints Efi Cohen to Head Israel R&D Center
Salesforce.com Inc. has appointed Efi Cohen as head of Salesforce Israel research and development center. Cohen will oversee the R&D sites in Tel Aviv, Petah Tikva, and Nazareth. He will also remain the senior vice president of Datorama Ltd., which Salesforce acquired in 2018 for over $800 million. Salesforce is looking to nearly double its research and development operation in Israel over the next two years.
Management Changes
Awkward Silences Are the Current Obsession of Salesforce's Resident Genius
Richard Socher, chief scientist at Salesforce, believes that speech and voice technologies are the future. He discusses the challenges of teaching AI conversational timing and the importance of making AI more human-like. Socher leads a team at Salesforce that focuses on deep learning, speech and natural language processing, and machine vision. He emphasizes the potential of voice technology to improve interactions with technology and make computers more ubiquitous. Salesforce has been investing in voice-activated assistant capabilities and aims to give a voice to every app and service it offers. Socher believes that AI, particularly in the field of voice recognition, will have a significant impact on service automation and customer support. He envisions AI becoming superior to humans in certain tasks.
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Salesforce Looking to Expand Tel Aviv Offices
Salesforce.com Inc. is negotiating an office space in Tel Aviv for 1,500 employees, as part of its plan to nearly double its research and development operations in Israel over the next two years. The company is looking to lease 10 floors of a building on Tel Avivs Menachem Begin Street. Salesforces Israeli operation has already grown to over 600 employees through acquisitions, including the recent purchase of Clicksoftware Technologies Ltd. for $1.35 billion and the acquisition of Datorama Ltd. for over $800 million.
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Salesforce to Nearly Double Israeli R&D Operation by 2022, Says Exec
Salesforce.com Inc. is planning to nearly double its research and development operations in Israel in the next two years. The companys Israeli operation, which is already more than 600-people strong, has been bolstered by a slew of acquisitions in recent years. Salesforce sees Israel as a strategic locale, primarily when it comes to recruiting artificial intelligence, big data, and cybersecurity professionals. The company is in the midst of an extensive hiring spree in the country, actively recruiting for dozens of positions. The companys vice president of engineering, Elad Donsky, and his team are also meeting with local companies, scouting for technologies and potential acquisitions.
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Bonobo Was the Fastest Acquisition-to-Product in Salesforce's History, Says Exec
Salesforce has been focusing on voice technology and conversational intelligence as part of its investment and expansion strategy. The company recently acquired Tel Aviv-based conversational AI startup Bonobo, which specializes in call-coaching technology. Salesforce aims to integrate Bonobos technology quickly and introduce a new product focused on extracting insights from audio clips. The companys investment philosophy is strategic and it backs startups that are already partners of Salesforce. Salesforce is currently focused on AI, augmented reality, and blockchain, and is pursuing opportunities in financial services, healthcare, and the public sector. Salesforce is also a prolific corporate investor in Israel and has a strong presence in the country with 600 employees in its R&D operation. The companys distribution channels and global market reach make it a desirable investor for startups.
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Salesforce is acquiring ClickSoftware for $1.35B
Salesforce has acquired field service software company ClickSoftware for $1.35 billion. The acquisition aims to strengthen Salesforces field service offering and drive further innovation with Field Service Lightning. ClickSoftware, founded in 1997, went public in 2000 and was later bought by private equity company Francisco Partners for $438 million in 2015. The deal is expected to close in the fall.
Acquisition
https://www.jpost.com/Israel-News/Salesforce-to-turn-Israel-into-second-largest-global-innovation-hub-593884
Salesforce plans to significantly expand its operations in Israel, making it the companys second-largest research and development hub worldwide. The companys R&D facilities in Israel already play a crucial role in developing strategic technologies and products, particularly in the fields of artificial intelligence, big data, and cybersecurity. Salesforce intends to recruit dozens of new employees in Israel to support its expansion plans. The company has made several acquisitions in Israel, including Datorama and Bonobo, and has also invested in 12 Israeli companies. Additionally, Salesforce Ventures has launched a $125 million fund to back enterprise cloud start-ups in Europe, the Middle East, and Africa. Salesforce also announced the establishment of a local Salesforce University in partnership with John Bryce Training to provide training programs in Hebrew at a lower cost.
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Salesforce Buys Conversational AI Startup Bonobo
Software company Salesforce.com Inc. is acquiring conversational AI startup Bonobo for $50 million. Bonobo develops technology to analyze customer interaction data using AI algorithms. The acquisition will help Salesforce manage and analyze customer interactions across all channels. Bonobos founders will continue with the company after the acquisition. Salesforce previously acquired marketing analytics company Datorama for over $800 million.
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Salesforce Opens Nazareth Development Center
Salesforce.com Inc. has opened a research and development center in Nazareth, Israel. The new center currently has 15 employees, but Salesforce plans to employ up to 100 developers there. The opening of the new facility was supported by Israeli marketing analytics company Datorama Ltd., which Salesforce acquired over the summer for over $800 million. Datorama, which is headquartered in New York and runs a research and development center in Tel Aviv, now operates as a subsidiary of Salesforce and will run the new center.
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Salesforce Buys Marketing Analytics Company Datorama for Over $800 Million
Salesforce has signed a definitive agreement to acquire marketing analytics company Datorama for over $800 million in cash. Datoramas data integration and marketing intelligence services will be integrated into Salesforces Marketing Cloud product. The acquisition is expected to benefit Datoramas 3,000 customers, including some of the worlds most visible brands. Salesforces stock price is near an all-time high, and the deal builds on the companys partnership with Google Analytics 360 and its artificial intelligence engine, known as Einstein.
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http://allthingsd.com/20120911/salesforce-com-quietly-bought-an-israeli-startup-called-bluetail-in-july/
Salesforce.com has acquired Israeli data-mining start-up BlueTail. The acquisition is seen as a acqhire situation, with BlueTails founder and CTO becoming the chief data scientist at Salesforces unit, Data.com. Several former BlueTail employees have updated their LinkedIn profiles to reflect their new positions at Salesforce. Not much is known about BlueTail, except that it was previously known as Mined Analytics and was founded in 2009.
Acquisition
Salesforce.com Brings Navajo Into Camp To Boost Cloud Security
Salesforce.com has acquired cloud security firm Navajo Systems for approximately $30 million. The acquisition is expected to positively impact the adoption of Salesforce.coms cloud offerings in the long term, as it assures customers about the security of their stored data. Salesforce.com dominates the cloud-based CRM market but has room for growth in the overall cloud market. The global cloud computing market is expected to reach $400 billion by the end of the forecast period.
Customers