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.

Source: Salesforce

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.

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.