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Salesforce's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Salesforce develops a cloud-based platform that offers customer relationship management solutions for sales and marketin... Read more

Based on data from Salesforce's latest SEC filings

Annual Revenue

Based on data from Salesforce's latest SEC filings

Employees

Marc Benioff's photo - Co-CEO of Salesforce

Co-CEO

Marc Benioff

CEO Approval Rating

78/100

OVERVIEW

Founded:

1999

Headquarters:

San FranciscoCalifornia

Status:

PublicIndependent Company of NYSECRM

Industry Sector:

Internet Software

SIC Code:

7311NAICS listing »

Top Competitors or Alternatives

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Is Infor a competitor of Salesforce?

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Trending News for Salesforce and Salesforce's Competitors

January 17, 2020

Martech Series

West Ham United Is Delighted to Announce Zoho as Its Official Enterprise SaaS Applications Partner

Zoho is an industry leading software company that has built an enterprise grade suite of 45+ SaaS app... See more »

January 17, 2020

Naked Security

Oracle's January 2020 update patches 334 security flaws

The January 2020 update featured a joint record of 334 patches, matching an identical number released... See more »

January 16, 2020

TechCrunch

WorkBoard triples again in 2019, raises $30M from a16z to celebrate

WorkBoard, a SaaS startup that provides goal setting and management software to other companies, anno... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Oracle is Salesforce's #1 competitor. Oracle is a Public company that was founded in 1977 in Redwood Shores, California. Oracle is in the Application Software industry. Compared to Salesforce, Oracle has 101,000 more employees.

SAP is seen as one of Salesforce's biggest rivals. SAP was founded in Walldorf, Baden-Württemberg} in 1972. SAP is in the Internet Software field. Compared to Salesforce, SAP generates $13.8B more revenue.

Adobe is one of Salesforce's top competitors. Adobe is headquartered in San Jose, California, and was founded in 1982. Adobe competes in the Internet Software industry. Adobe generates 70% the revenue of Salesforce.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Marc Benioff

Co-CEO

- -
35,000
$2.7B
$15.8B
1

Safra A. Catz

CEO

74/100
137,000
$31.5M
$39.6B
2

Jennifer Morgan

Co-CEO

85/100
84,183
- -
$29.6B
3

Shantanu Narayen

Chairman & CEO

75/100
21,357
- -
$10.6B
4

Brian Halligan

Co-Founder & CEO

73/100
2,638
$225.7M
$632.7M
5

Sridhar Vembu

Founder & CEO

70/100
8,500
- -
$415M
6

Kevin Samuelson

CEO

75/100
17,240
$1.5B
$3.2B
7

Steve Hare

CEO

71/100
12,755
$6M
$2.2B
8

Craig Charlton

CEO

83/100
500
$127.5M
$106.9M
9

Aneel Bhusri

Co-Founder & CEO

78/100
10,500
$860.7M
$3.4B
10

Stephen Murphy

CEO

72/100
3,700
- -
$876.8M
The top 10 competitors in Salesforce's competitive set are Oracle, SAP, Adobe, HubSpot, Zoho, Infor, Sage, SugarCRM, Workday and Epicor. Together they have raised over 2.8B between their estimated 308.7K employees. Salesforce has 35,000 employees and is ranked 3rd among it's top 10 competitors. The top 10 competitors average 30,306.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$15.8B

Salesforce's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 9.7B. Over the last four quarters, Salesforce's revenue has grown by 25.3%. Specifically, in Q4 2019's revenue was $4.5B; in Q3 2019, it was $4B; in Q2 2019, it was $3.7B; in Q1 2019, Salesforce's revenue was $3.6B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
ClickSoftware Technologies Ltd.

Aug 2019

Source »
$1.4B
ClickSoftware develops a field service management platform that offers schedule optimization, workforce mobility and demand forecasting solutions.
Tableau Software, Inc.

Jun 2019

Source »
$15.7B
Tableau is a software technology firm that provides data visualization products focused on business intelligence.
Bonobo

May 2019

Source »
undisclosed
Bonobo AI is a conversational intelligence platform that derives insights from online customer interactions such as voice, chat, videos and emails.
MapAnything, Inc.

Apr 2019

Source »
undisclosed
MapAnything develops a SaaS-based platform that provides location intelligence, asset tracking and route optimization solutions for businesses.
Rebelmail, Inc.

Oct 2018

Source »
undisclosed
Rebelmail is an online marketing tool that enables businesses to manage and analyze the email and social media marketing campaigns.

These are all the companies that Salesforce has acquired. Salesforce has acquired 45 companies and its latest acquisition was ClickSoftware Technologies Ltd. in Aug 2019. ClickSoftware develops a field service management platform that offers schedule optimization, workforce mobility and demand forecasting solutions.

Salesforce Funding History

Since Salesforce was founded in 1999, it has participated in 11 rounds of funding. In total Salesforce has raised $2.7B. Salesforce's last funding round was on Sep 2019 for a total of $666.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Sep 2019
$666.2M
-
Equity
Aug 2018
$317.2M
-
Equity
Jan 2018
$11.3M
-
Equity
Oct 2016
$348.2M
-
Equity
Sep 2016
$26.3M
-

Total Funding: $2.7B

Since Salesforce was founded in 1999, it has participated in 11 rounds of funding. In total Salesforce has raised $2.7B. Salesforce's last funding round was on Sep 2019 for a total of $666.2M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Yappli is a cloud-based paltform that allows developers to design and deploy mobile and desktop applications.
$27.6M
Jun 16, 2019
Equity
-
Kespry develops an analytics platform that utilizes industrial drones to capture and analyze aerial data for mining and construction sectors.
-
Mar 26, 2019
Equity
-
CaliberMind is a Customer Data Platform that helps companies to organize and optimize their sales, marketing and product data.
$3.2M
Mar 19, 2018
Seed
-
Twilio is a cloud-based platform that allows software developers to programmatically make and receive phone calls and text messages.
$27.6M
Feb 14, 2018
Equity
Jun 22, 2016
Sansan develops a cloud-based contact management software to manage and share business cards within the organization.
$38M
Aug 04, 2017
Series D
Jun 07, 2019

These are all the companies that Salesforce has invested in. Salesforce has invested 45 companies and its latest investment was ClickSoftware Technologies Ltd. in Aug 2019. ClickSoftware develops a field service management platform that offers schedule optimization, workforce mobility and demand forecasting solutions.

Salesforce News

January 15, 2020Fibre2Fashion

Salesforce Sustainability Cloud now generally available

See more »
January 15, 2020AdvertisingAge India

Salesforce's Shannon Duffy on prioritizing trust in customer relationships

At CES 2020, Ad Age's Josh Golden sat down with Salesforce's Shannon Duffy to discuss the importance ... See more »
January 14, 2020The Business Journals: Portland

Inside Salesforce's sprawling San Francisco campus

Across the globe, Salesforce Towers are popping up from San Francisco to Tokyo to Australia, each fea... See more »
January 14, 2020Forbes

Will Salesforce Revenue Grow By More Than 20% For FY 2020?

Yes, as per Trefis estimates, Salesforce.com's (NYSE: CRM) Total Revenue for FY 2020 (ended January 2... See more »
January 13, 2020TechCrunch

Salesforce announces new tools to boost developer experience on Commerce Cloud

Salesforce announced some new developer tools today, designed to make it easier for programmers to bu... See more »
January 13, 2020MarTech Today

Salesforce updates Commerce Cloud, rolls out Einstein AI dashboard, Order Management platform

Salesforce Order Management aims to offer a single view of fulfillment and customer support experienc... See more »
January 10, 2020Martech Series

Salesforce Reveals 2019 Holiday Digital Sales Grew 8 Percent to $723 Billion Globally

10 Percent of Digital Orders During the Holiday Season Were Powered by Artificial Intelligence Brands... See more »

Salesforce Blogs

May 15, 2018Salesforce Blog

Bridging the Trust Gap in the Fourth Industrial Revolution

As privacy and security breaches continue to grab headlines around the world, consumers are increasin... See more »
May 15, 2018Salesforce Blog

Trailblazer Voices: Inspiring the Next Generation of Trailblazers Through the Karibu Coding Club in Kenya

In Thika, Kenya, a 25-year-old Trailblazer is educating the next generation of coders at the Karibu C... See more »
May 15, 2018Salesforce Blog

Best Practices for Recurring Revenue Businesses

No matter the size of your company or what industry you work in, we know that revenue is top of mind.... See more »
May 12, 2018Salesforce Blog

Local's Guide to Chicago During Connections 2018

Known for its stunning architecture and beautiful skyline near the shores of Lake Michigan, Chicago i... See more »
May 11, 2018Salesforce Blog

3 Quick Ways to Discover Whats Hot in the Salesforce Summer 18 Release

Let's face it. New releases have a way of sneaking up on us, and sometimes it's hard to keep up. We k... See more »
May 11, 2018Salesforce Blog

Wealth Management Basecamp: Top Three Keynote Takeaways

After months of anticipation, our Financial Services team headed to the Windy City last March to host... See more »
May 10, 2018Salesforce Blog

Why Customer Experience Begins with Understanding Human Nature

What would it take for you to trust a robot? That's the sort of question that Dr. Susan Weinschenk lo... See more »

Salesforce Press Releases

December 3, 2019PR Newswire

Salesforce Announces Record Third Quarter Fiscal 2020 Results

SAN FRANCISCO, Dec. 3, 2019 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today a... See more »
November 27, 2019PRcom

Cloud Analogy Announces a Free Webinar on Pin Tags - A Tagging App for Salesforce Records

Cloud Analogy, the world's premier Salesforce development company, has announced that it will be host... See more »
November 26, 2019StreetInsider

City of Chicago Transforms its 311 System with Catalyst Consulting Group and Salesforce

CHICAGO, Nov. 26, 2019 /PRNewswire/ --Â Catalyst Consulting Group announced that it has collaborated ... See more »
November 25, 2019PRcom

New Salesforce Data Migration Service, Enso Data App, Launches at Dreamforce

The only Salesforce data service that incorporates mindful business practices with migration expertis... See more »
November 22, 2019WebProNews

Update on Einstein and AI's Role

Salesforce executives took the stage at Dreamforce 2019 to provide an update on Salesforce Einstein a... See more »
November 20, 2019Business Wire

Conga Connects Contract Lifecycle Management with Manufacturing Cloud

SAN FRANCISCO--(BUSINESS WIRE)--Conga, a leader in Digital Document Transformation (DDX), today annou... See more »
November 20, 2019Business Press 24

Salesforce companies Precursive and Taskfeed merge to unify onboarding and resource management and accelerate customer success

...... See more »

Salesforce Videos

July 3, 2019Salesforce Youtube Channel

"Identifying Duplicate Records with Matching Rules (Salesforce Classic)" on YOUTUBE

See more »
July 3, 2019Salesforce Youtube Channel

"Find Your Salesforce Apps in Lightning Experience" on YOUTUBE

See more »
July 3, 2019Salesforce Youtube Channel

"Open Up Access to Your Community or Portal with the Guest User Profile" on YOUTUBE

See more »
May 30, 2019Salesforce Youtube Channel

"TrailheaDX Opening Keynote - Part 1: Corporate Overview & Innovation on the Platform" on YOUTUBE

See more »
May 29, 2019Salesforce Youtube Channel

"RAD Women.org is a Trailblazer" on YOUTUBE

See more »
March 30, 2019Salesforce Youtube Channel

"How to Find More Prospects, Win More Deals, and Keep Customer Happy with Salesforce Essentials" on YOUTUBE

See more »
February 9, 2019Salesforce Youtube Channel

"Accelerate Your Sales Process with High Velocity Sales" on YOUTUBE

See more »

Social Statistics

Headquarters

415 Mission Street 3rd Floor

San Francisco, California94105

415-901-7000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Salesforce (NYSE: CRM) is a software company headquartered in San Francisco, California. Salesforce is best known for its eponymous CRM product. Salesforce was founded in 1999 by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez. Sale...

CEO

Salesforce's Co-CEO, Marc Benioff, currently has an approval rating of 78%. Salesforce's primary competitors are Oracle, SAP & Adobe.

Website

salesforce.com

Frequently Asked Questions about Salesforce

  1. When was Salesforce founded?

    Salesforce was founded in 1999

  2. Who is Salesforce's CEO?

    Salesforce's CEO is Marc Benioff

  3. How much revenue does Salesforce generate?

    Salesforce generates $15.8B in revenue

  4. How much funding does Salesforce have?

    Salesforce has historically raised $2.7B in funding

  5. Where is Salesforce's headquarters?

    Salesforce's headquarters is in San Francisco California, USA

  1. How many employees does Salesforce have?

    Salesforce has 35,000 employees

  2. What sector does Salesforce operate in?

    Salesforce is in Internet Software

  3. Who are Salesforce's competitors?

    Salesforce's top competitors are Oracle, SAP, Adobe

  4. Who has Salesforce invested in?

    Salesforce's has invested in companies such as Yappli, Kespry, CaliberMind
Stay up-to-date with the latest news on Salesforce