32 Facts About Salesforce

Salesforce, Inc is an American cloud-based software company headquartered in San Francisco, California.

Salesforce's continued growth makes it into the first cloud computing company to reach US$1billion in annual revenue by fiscal year 2009, and the world's largest enterprise software firm by 2022.

Today, Salesforce is one of the largest technology companies in the world, and as of September 19, 2022, is the 61st largest company in the world by market cap with a value of nearly $153 billion USD.

Salesforce ranked 136th on the most recent edition of the Fortune 500, making US$26.

Since 2020, Salesforce has been a component of the Dow Jones Industrial Average.

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Salesforce gained notability during this period for its tagline "the end of software", in which it hired actors to hold up signs with its tagline outside a Siebel Systems conference.

Salesforce's revenue continued to increase from 2000 to 2003, with 2003's revenue skyrocketing from $5.

Also in 2003, Salesforce held its first annual Dreamforce conference in San Francisco.

In 2006, Salesforce launched IdeaExchange, a platform that allows customers to connect with company product managers.

In October 2014, Salesforce announced the development of its Customer Success Platform.

In September 2016, Salesforce announced the launch of Einstein, an artificial intelligence platform that supports several of Salesforce's cloud services.

In 2019, Salesforce joined the Dow Jones Industrial Average, replacing energy giant and Standard Oil-descendant ExxonMobil.

Across 2020 and 2021, Salesforce saw some notable leadership changes, In February 2020, co-chief executive officer Keith Block stepped down from his position in the company.

Salesforce announced a partnership with Meta Platforms in September 2022.

Salesforce's products include several customer relationship management technologies, including: Sales Cloud, Service Cloud, Marketing Cloud, and Commerce Cloud and Platform.

Salesforce has international offices in Hong Kong, Israel, and Sydney.

Salesforce ranked 240 on the 2019 Fortune 500 list of the largest United States companies by revenue.

Salesforce migrated to Dell servers with Advanced Micro Devices processors running Linux from Sun Fire E25K servers with SPARC processors running Solaris in 2008.

In 2012, Salesforce announced plans to build a data center in the UK to handle European citizens' personal data.

In 2016, Salesforce announced that it will use Amazon Web Services hosting for countries with restrictive data residency requirements and where no Salesforce data centers are operating.

In 2006, Salesforce acquired Sendia, a mobile web service firm, for $15 million and Kieden, an online advertising company.

In 2010, Salesforce acquired multiple companies, including Jigsaw, a cloud-based data service provider, for $142 million, Heroku, a Ruby application platform-as-a-service, for $212 million, and Activa Live Chat, a live chat software provider.

In 2011, Salesforce acquired Dimdim, a web conferencing platform, for $31 million, Radian6, a social media tracking company, for $340 million, and Rypple, a performance management software company.

In 2012, Salesforce acquired Buddy Media, a social media marketer, for $689 million, and GoInstant, a browser collaboration startup, for $70 million.

In 2015, Salesforce acquired multiple companies for undisclosed sums, including Toopher, a mobile authentication company, Tempo, an AI calendar app, and MinHash, an AI platform.

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In 2018, Salesforce acquired several companies, including MuleSoft, a cloud service company, for $6.

From 2019 to 2021 saw Salesforce make two of its largest acquisitions, with Salesforce completing its acquisition Tableau, a data visualization and analytics software company, for $15.

Salesforce made smaller acquisitions throughout 2019, 2020, and 2021, which included ClickSoftware for $1.

In July 2021, Salesforce Japan faced a discrimination lawsuit from a former employee, according to Japanese legal media, at a time when the firm has been publicly challenged about its commitment to equality.

Salesforce's alleged that her attempts to resolve the problem were met with pressure from HR and job coach.

These investments became Salesforce Ventures, headed by John Somorjai In September 2014, SFV set up Salesforce1 Fund, aimed at start-ups creating applications primarily for mobile phones.

In December 2018, Salesforce Ventures announced the launch of the Japan Trailblazer Fund, focused on Japanese startups.