On Wednesday, Shares of salesforce.com, inc. (NYSE:CRM), lost -1.37% to $75.58. The stock attained the volume of 3.44 million shares.
Salesforce (CRM), the Customer Success Platform and world’s #1 CRM company, declared that Salesforce Ventures—the company’s global corporate investment group—has allocated $100 million to invest in European startups to fuel cloud innovation and customer success in the region. IDC forecasts that Europe’s public cloud software market will grow almost 12 times faster than other IT segments to reach €33.3 billion by 20191. The new $100 million commitment will provide funding and support to the entrepreneurs driving this growth in Europe.
The global shift to the cloud has opened the door to new and exciting social, mobile and data science technologies, and has created unprecedented growth in cloud computing spending by companies across Europe. Since 2009, Salesforce Ventures has been actively investing in the next generation of enterprise cloud startups that are part of the emerging global enterprise app economy.
Salesforce Ventures portfolio companies receive funding to accelerate their growth and gain a competitive edge through access to the world’s largest cloud ecosystem and the guidance of Salesforce innovators and executives. With Salesforce Ventures, portfolio companies can also leverage the expertise of the Salesforce Foundation to incorporate its 1-1-1 model of integrated philanthropy to make giving back part of their business model. The Salesforce Ventures portfolio comprises innovative European cloud companies such as CartoDB, CloudSense, Cloud9 IDE, NewVoiceMedia, Qubit, Universal Avenue and YOUR SL.
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide.
At the end of Wednesday’s trade, Shares of BlackBerry Ltd (NASDAQ:BBRY), inclined 1.53% to $7.28.
BlackBerry Limited (BBRY) (BB.TO), declared that it has designated The Honourable Wayne G. Wouters, PC, to the Company’s Board of Directors. Mr. Wouters will also serve as a member of the audit and risk administration committee of the Board of Directors.
With the addition of Mr. Wouters, the Company’s Board of Directors will comprise of eight members, seven of whom are independent members.
From 2009 to 2014, Mr. Wouters was the Clerk of the Privy Council of Canada and held the roles of Deputy Minister to the Prime Minister, Secretary to the Cabinet and Head of the Public Service. Proceeding to his tenure as Clerk, Mr. Wouters was Secretary of the Treasury Board of Canada and served in deputy ministerial and other senior positions in the Canadian public service. Mr. Wouters has received numerous awards, counting an Honorary Doctorate of Laws from the University of Saskatchewan, the Queen’s Diamond Jubilee Medal and the André Mailhot Award for lifetime achievement from the United Way Canada. He was inducted as a member of the Privy Council in 2014.
BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless solutions, which comprise the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data.
Finally, Shares of Bazaarvoice Inc (NASDAQ:BV), ended its last trade with -10.39% loss, and closed at $4.40.
Bazaarvoice, Inc. (BV), declared that Austin Ventures, an early-stage venture capital investor, has notified the Company of its intent to distribute the common stock of the Company held by Austin Ventures to its partners. As of August 11, 2015, Austin Ventures held 10,693,535 shares of common stock of the Company.
“We appreciate the contributions and support that Austin Ventures has offered Bazaarvoice over the past nine years, and we look forward to the future as we continue to expand our product offerings and grow our business,” stated Gene Austin, president and chief executive officer of Bazaarvoice.
Bazaarvoice, Inc. operates as a network that connects brands and retailers to the voices of people where they shop. It provides its solutions through Bazaarvoice conversations platform, a Software as a Service platform, which enables clients to capture, manage, and display online consumer-generated content, counting ratings and reviews, questions and answers, videos, long-format narratives, syndication, product sampling, seller ratings, intelligence, workbench analytics, applications for Facebook, and third-party developer application programming interface.
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