Salesforce.com To Invest Japanese Startups /Nikkei

Cloud service vendor, Salesforce.com enhances investment in Japanese IT startups. It invests two companies by mid November to increase the total portfolio to five. It aims to extend customer base including small and medium companies by co-developing cloud services with them to increase service offerings.

The cloud company invests in event management software developer, Shanon on mid November. The amount is considered to be several dozen million yen.

On the end of October, it invested in Digital Coast, enterprise software developer. The amount is around 90 million yen, which is joint investment with three others. ...

Nikkei 11/15/2011

memo

• Both develop enterprise application software. Salesforce.com targets those application developers to let them provide their applications on Salesforce's platform.