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meetings@svicenter.com

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Provider of customer relationship management (CRM) software

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Provider of customer relationship management (CRM) software. The company offers a technology platform for customers and developers to build and run business applications. Its CRM platform enables users to manage customer accounts, track sales leads, evaluate marketing campaigns and provide post-sales service. It also provides enterprise cloud-computing applications on its Force.com platform to customers and developers to build complementary applications; and AppExchange, an online directory for cloud applications, where customers can browse, test-drive and deploy applications from SalesForce.

Year Founded
1999
Employees
29 K
RevenueTTM 3Q2019
$12.5 B
Net IncomeTTM 3Q2019
$815.6 M
General Information
  • Website

    http://salesforce.com

  • Business Status

    Profitable

  • Ownership Status

    Publicly Held

  • Financing Status

    Formerly VC-backed

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The company (NYSE: CRM) is rumored to be in talks with IBM (NYSE: IBM), Oracle (NYSE: ORCL) and Google (NASDAQ: GOOG) regarding a potential acquisition for an undisclosed amount on April 30, 2015. Previously the company raised $110 million in its initial public offering on the NYSE stock exchange under the ticker symbol of CRM on June 22, 2004. A total of 10,000,000 shares were sold at $11 per share. After the offering, there was a total of 101,256,880 outstanding shares (excluding the over-allotment option) priced at $11 per share, valuing the company at $1.1 billion. The total proceeds, before expenses, to the company was $102.3 million.

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Headquarters
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  • HQ Address Line 1
    The Landmark at One Market
  • HQ Address Line 2
    Suite 300
  • HQ City
    San Francisco
  • HQ State/Province
    California
  • HQ Post Code
    94105
  • HQ Country
    United States
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