Salesforce, founded in 1999, is a San Francisco-based company that pioneered the concept of cloud-based Customer Relationship Management (CRM). Recognized for its innovative approach to connecting businesses and customers, Salesforce provides a suite of cloud applications focused on sales, customer service, marketing, and more. As the world's leading CRM platform, Salesforce has revolutionized the way companies manage customer data, streamline operations, and foster customer engagement.
Salesforce operates with the mission of enabling companies to transform digitally, helping them understand their customers better, generate more sales, and provide enhanced customer experiences. It has grown into a tech giant, serving over 150,000 businesses globally. With continuous investment in AI and automation, Salesforce remains at the forefront of digital innovation and cloud services.
CEO and Founder of Salesforce
Salesforce was co-founded by Marc Benioff in 1999, who is also the current Chairman and CEO. Benioff, a visionary leader in the tech industry, created Salesforce with the goal of delivering enterprise software in the form of cloud-based services, a revolutionary idea at the time. Under Benioff’s leadership, Salesforce has grown from a startup to a multi-billion-dollar company, becoming the number one CRM provider worldwide. His commitment to philanthropy and corporate social responsibility is evident through Salesforce’s “1-1-1” model, which dedicates 1% of the company’s equity, product, and employee time to charitable causes.
List of Top Companies Under Salesforce
Salesforce has strategically expanded its business through several high-profile acquisitions, strengthening its position in various sectors such as artificial intelligence, data analytics, and enterprise communications. Below is a list of the top companies under Salesforce, along with their valuations.
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| Slack Technologies | 2021 (Acquired) | $27.7 Billion | Workplace Collaboration |
| Tableau | 2019 (Acquired) | $15.7 Billion | Data Analytics/Visualization |
| MuleSoft | 2018 (Acquired) | $6.5 Billion | Data Integration |
| Quip | 2016 (Acquired) | $750 Million | Cloud-based Collaboration |
| Demandware | 2016 (Acquired) | $2.8 Billion | E-commerce |
| Evergage | 2020 (Acquired) | $100 Million | Customer Data Platform |
| ClickSoftware | 2019 (Acquired) | $1.35 Billion | Field Service Management |
| Krux | 2016 (Acquired) | $700 Million | Data Management |
FAQs About Salesforce
Q1: When was Salesforce founded, and by whom?
A: Salesforce was founded in 1999 by Marc Benioff, Parker Harris, and others. It has since become a global leader in cloud-based CRM.
Q2: Who is the current CEO of Salesforce?
A: Marc Benioff is the current Chairman and CEO of Salesforce.
Q3: What is Salesforce known for?
A: Salesforce is known for its cloud-based CRM platform, which helps companies manage sales, customer service, marketing, and other business operations more effectively.
Q4: What are the top companies owned by Salesforce?
A: Salesforce has acquired several leading companies, including Slack, Tableau, MuleSoft, Quip, and Demandware, significantly enhancing its capabilities in collaboration, data analytics, and e-commerce.
Q5: What is Salesforce’s market capitalization?
A: As of 2024, Salesforce has a market capitalization of over $200 billion, making it one of the largest software companies in the world.
Q6: What is the role of Salesforce in data analytics?
A: With the acquisition of Tableau and MuleSoft, Salesforce has strengthened its position in data analytics and integration, allowing companies to better visualize and utilize their data.
