Salesforce launches $50 million Impact Fund to invest in social change startups
Thursday, October 5, 2017
Salesforce continues to build a social good movement within the technology sector.
Since it was founded in 1999, the cloud computing giant and its CEO, Marc Benioff, have been trailblazers in redefining “corporate social responsibility,” with philanthropy baked into the company’s DNA.
Now it’s taking that mission even further, using its powerful position in tech and its dedication to social change to fund startups with social impact at their core.
Salesforce announced Tuesday that it’s launching the Salesforce Impact Fund, a $50 million initiative to accelerate the growth of startups that are using Salesforce technology to address some of the world’s biggest problems. Through the fund, Salesforce will invest in these companies, furthering each one’s goal of driving positive change.
Photo courtesy of GotCredit.
Source: Mashable (link opens in a new window)
- Investing, Technology
- impact investing, startups