Salesforce Ventures launches $125M Europe Trailblazer Fund
Salesforce announced that Salesforce Ventures, the company's global corporate investment group, has launched a $125M Europe Trailblazer Fund to continue to fuel enterprise cloud startups. Salesforce Ventures was the most active Corporate VC in Europe last year and has invested in companies pioneering digital payments, machine vision, artificial intelligence, blockchain and the API economy, it said. "Europe is a clear leader in cloud technology today, and we are excited to deepen our investment in the region," said John Somorjai, EVP of Corporate Development and Salesforce Ventures. "Our commitment to European startups reflects the growth of innovation, our belief in the local entrepreneurs and our focus on creating the world's largest ecosystem of enterprise cloud companies to drive customer success."