In brief: Salesforce Ventures commits $100m for Japanese cloud startups

Salesforce Ventures – the corporate investment arm of customer relationship management platform Salesforce – has introduced a new US$100 million fund for Japanese startups in its ecosystem.

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Source: Salesforce

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According to IDC, the Japanese public cloud services market will reach US$13 billion in 2022. To capitalize on this opportunity, the new Salesforce Japan Trailblazer Fund will provide additional investment and support to Japanese startups delivering enterprise cloud capabilities to Salesforce customers.

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Salesforce Ventures has been supporting the country’s startup community since 2011, investing in 40 companies including systems integrator Terrasky and contact management solution Sansan.