Companies/United States • Curated by Admin Timeline.sg
Salesforce Inc. is a leading cloud-based software company founded in 1999 by Marc Benioff, revolutionizing customer relationship management (CRM) with its Software-as-a-Service (SaaS) model. The company has expanded globally through organic growth and strategic acquisitions, becoming a dominant force in enterprise software.
Chronological Storyline (40 Milestones)
Mar 8, 1999 CE
Salesforce Founded
Marc Benioff, a former Oracle executive, founds Salesforce in San Francisco, California, with the vision of delivering enterprise software via the cloud. #technology #startup
Salesforce Founded By ™/®Salesforce.com - Vectorised by Vulphere from https://www.salesforce.com/content/dam/sfdc-docs/www/logos/logo-salesforce.svg, Public domain, https://commons.wikimedia.org/w/index.php?curid=104891171
Feb 7, 2000 CE
Salesforce Launches Sales Cloud
Salesforce launches its flagship CRM product, originally called 'Salesforce Automation,' now known as Sales Cloud, pioneering the cloud-based software delivery model. #SaaS #CRM
Jun 23, 2004 CE
Salesforce IPO on NYSE
Salesforce goes public on the New York Stock Exchange under ticker CRM, raising $110 million and valuing the company at $1.3 billion. #finance #IPO
Sep 14, 2005 CE
AppExchange Launched
Salesforce launches AppExchange, the first enterprise cloud marketplace, allowing third-party developers to build and sell apps on the Salesforce platform. #cloudcomputing #marketplace
Oct 10, 2006 CE
Apex Programming Language Introduced
Salesforce introduces Apex, a proprietary programming language that enables developers to build custom business logic on the Force.com platform. #programming #development )
May 1, 2007 CE
Force.com Platform Launch
Salesforce unveils Force.com, a platform-as-a-service (PaaS) offering that allows customers to build and run applications entirely in the cloud. #PaaS #cloud
Apr 1, 2008 CE
Salesforce Announces Service Cloud
Salesforce launches Service Cloud, a customer service platform that integrates with Sales Cloud and supports omnichannel support. #customerservice #cloud
Jun 1, 2009 CE
$1 Billion Revenue Milestone
Salesforce reaches $1 billion in annual revenue, a major milestone for the company and the SaaS industry. #finance #growth
May 1, 2010 CE
Acquisition of Heroku
Salesforce acquires Heroku, a cloud platform as a service supporting multiple programming languages, for $212 million. #acquisition #cloud
Jan 12, 2011 CE
Acquisition of Radian6
Salesforce acquires Radian6, a social media monitoring platform, for $326 million, entering the social media analytics space. #socialmedia #acquisition
Aug 1, 2012 CE
Acquisition of ExactTarget
Salesforce acquires ExactTarget, a digital marketing company, for $2.5 billion, bolstering its Marketing Cloud capabilities. #marketing #acquisition
Acquisition of ExactTarget By Salesforce Marketing Cloud - https://www.maropost.com/maropost-vs-salesforce-email-studio-sales/, Public domain, https://commons.wikimedia.org/w/index.php?curid=66054029
May 30, 2013 CE
Salesforce Exceeds $3 Billion in Revenue
Salesforce reports fiscal 2013 revenue of $3.05 billion, demonstrating rapid growth in cloud software. #finance #growth
Sep 1, 2013 CE
Salesforce1 Platform Announced
Salesforce introduces Salesforce1, a mobile platform that enables companies to build custom mobile apps connected to Salesforce. #mobile #platform
Jun 25, 2014 CE
Acquisition of RelateIQ
Salesforce acquires RelateIQ, a relationship intelligence startup, for $390 million, adding data science capabilities. #AI #acquisition
Sep 17, 2015 CE
Salesforce Einstein Announced
Salesforce announces Einstein, an artificial intelligence layer for its platform, bringing AI to CRM. #AI #CRM
Jun 8, 2016 CE
Salesforce Acquires Demandware
Salesforce acquires Demandware, a cloud e-commerce platform, for $2.8 billion, entering the commerce cloud space. #ecommerce #acquisition
Nov 16, 2016 CE
Salesforce Acquires Quip
Salesforce acquires Quip, a collaborative document editing platform, for $750 million. #collaboration #acquisition
May 10, 2017 CE
Salesforce Surpasses $10 Billion Revenue
Salesforce reports fiscal 2018 revenue of $10.48 billion, becoming the first enterprise cloud company to reach $10 billion. #finance #milestone
Mar 20, 2018 CE
Acquisition of MuleSoft
Salesforce acquires MuleSoft, an integration platform, for $6.5 billion in a deal that closes in May 2018. #integration #acquisition
Aug 10, 2018 CE
Salesforce Becomes Dow Jones Component
Salesforce is added to the Dow Jones Industrial Average, replacing Exxon Mobil. #stockmarket #index
Jun 10, 2019 CE
Acquisition of Tableau Software
Salesforce acquires Tableau Software, a data visualization company, for $15.7 billion in an all-stock deal. #data #acquisition
Sep 12, 2019 CE
Salesforce Tower Opens in San Francisco
The Salesforce Tower, the tallest building in San Francisco, opens as the company's new headquarters. #realestate #architecture
Salesforce Tower Opens in San Francisco By Dead.rabbit - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=103103358
May 1, 2020 CE
Salesforce Launches Work.com
Salesforce launches Work.com, a platform to help businesses manage COVID-19 response and return-to-work strategies. #COVID19 #workplace
Dec 1, 2020 CE
Acquisition of Slack Technologies
Salesforce acquires Slack Technologies, a business communication platform, for $27.7 billion, its largest acquisition to date. #communication #acquisition
Acquisition of Slack Technologies By HaeB - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=113478483
Feb 24, 2021 CE
Salesforce Reports Q4 Revenue of $5.82 Billion
Salesforce reports strong quarterly earnings, with Q4 revenue up 20% year-over-year. #finance #earnings
Jul 21, 2021 CE
Slack Acquisition Closes
Salesforce completes the acquisition of Slack, integrating its platform into the Salesforce ecosystem. #acquisition #collaboration
Jan 7, 2022 CE
Salesforce Reaches $26.5 Billion Revenue
Salesforce reports fiscal 2022 revenue of $26.5 billion, a 25% increase year-over-year. #finance #growth
May 25, 2022 CE
Salesforce Announces Genie Customer Data Platform
Salesforce launches Genie, a real-time customer data platform (CDP) that unifies data across all Salesforce clouds. #data #platform
Jan 4, 2023 CE
Salesforce Lays Off 10% of Workforce
Salesforce announces layoffs of about 10% of its employees (7,000 people) amid restructuring. #layoffs #restructuring
Feb 15, 2023 CE
Activist Investors Push for Changes
Activist investors, including Elliott Management, take stakes in Salesforce, pushing for cost cuts and improved margins. #activism #investing
Mar 1, 2023 CE
Salesforce Reorganizes into Two Divisions
Salesforce reorganizes into two business units: Salesforce Platform and Customer 360, and Technology and Products. #reorganization #leadership
Jun 21, 2023 CE
Salesforce Launches AI Cloud
Salesforce unveils AI Cloud, a suite of AI-powered features including Einstein GPT for CRM. #AI #GPT
Sep 12, 2023 CE
Salesforce Announces 20,000 New Hires
Salesforce plans to hire 20,000 new employees, reversing previous layoffs, focusing on AI and sales. #hiring #growth