Salesforce
Salesforce is a U.S. enterprise software company headquartered in San Francisco, providing cloud applications, data platforms and AI agent tools centered on customer relationship management (CRM).
Contents21 sections
Key facts
March 1999Founding and Subscription Model
Marc Benioff, Parker Harris, Frank Dominguez and Dave Moellenhoff began developing Salesforce in a San Francisco apartment. The venture centered on delivering enterprise software over the internet through subscriptions, moving customer relationship management from locally installed applications toward cloud services.[1]
June 23, 2004New York Listing
Salesforce completed its IPO on the New York Stock Exchange at $11 per share, raising approximately $110 million.[2]
September 2005AppExchange Launch
The company launched AppExchange for third-party applications. Force.com followed in 2008, allowing customers to build and deploy applications on Salesforce’s architecture and extending the business into a platform ecosystem.[2]
July 12, 2013ExactTarget Acquisition Completed
The company completed its acquisition of ExactTarget, bringing cross-channel marketing automation and campaign management into Marketing Cloud. Email, mobile and web marketing capabilities complemented its sales, service and social marketing tools, expanding its coverage of the customer lifecycle.[3]
May 2, 2018MuleSoft Acquisition Completed
Salesforce completed its acquisition of MuleSoft, adding Anypoint Platform’s ability to connect applications, data and devices. Its API-based integration spans cloud and on-premises systems, including systems outside Salesforce, broadening the company’s enterprise integration capabilities.[4]
August 1, 2019Tableau Acquisition Completed
The company completed its acquisition of Tableau, adding self-service analytics and visualization to Customer 360. Tableau retained its brand. The closing announcement also noted an ongoing UK competition review, during which the companies would remain operationally separate.[5]
July 21, 2021Slack Acquisition Completed
Salesforce completed its acquisition of Slack Technologies to combine workplace communication, applications and CRM data. The announcement retained the Slack brand and described connecting employees, customers and partners within everyday conversations and workflows.[6]
January 4, 2023Workforce and Office Restructuring
The company announced plans to reduce its workforce by approximately 10% and close or reduce some offices, estimating $1.4–2.1 billion in charges. In an employee letter, Marc Benioff cited more cautious customer purchasing and acknowledged excessive pandemic-era hiring. The charges were estimates at announcement.[7]
November 18, 2025Informatica Acquisition Completed
The company completed its acquisition of Informatica, adding data catalog, quality, governance, metadata and master-data-management capabilities. Integration plans covered Data 360, MuleSoft, Tableau and Agentforce, aiming to give fragmented enterprise data traceable and understandable business context.[8]
February 25, 2026Fiscal 2026 Results
For fiscal 2026, ended January 31, 2026, the company reported approximately $41.5 billion in revenue, up 10%, a 20.1% GAAP operating margin and about $15 billion in operating cash flow. Subscription and support contributed about 95% of annual revenue, with the remainder from professional services and other activities.[9]
August 26, 2026Fiscal 2027 Second-Quarter Results
Revenue for the quarter ended July 31 was about $11.3 billion, up 11%, including $456 million from Informatica. The GAAP operating margin was 20.5%. Full-year revenue guidance increased to $46.1–46.4 billion; this was a forecast incorporating assumptions about pending transactions.[10]
September 15, 2026AIforce Announcement
At Dreamforce, Salesforce announced AIforce, bringing its data, workflows and business rules into different AI interfaces. Initial experiences included Claudeforce, Slackforce and Agentforce Coworker. According to the company, requests inherit existing permissions and actions execute through Salesforce.[11]
September 15, 2026Koa with NVIDIA
Salesforce and NVIDIANVIDIANVIDIA is an American semiconductor and computing technology company that provides graphics processing units, artificial intelligence infrastructure, networking interconnects, and computing software, and is listed on Nasdaq under the ticker NVDA.Open the full entry announced Koa, a CRM reasoning model built on NVIDIA Nemotron for complex, multistep Agentforce workflows. It is positioned as a specialized enterprise model that uses business context to select tools and carry out tasks.[12]
October 29, 2026Agreement to Acquire Rune
The company agreed to acquire Rune TechnologiesRune TechnologiesRune Technologies is a U.S. defense technology company developing the TyrOS military logistics platform and related software, sensors and data tools.Open the full entry to expand Missionforce’s military logistics capabilities. Closing was expected in fiscal Q4 2027, subject to customary conditions.[13]
Business: Customer Data and Applications
Salesforce products span sales, service, marketing, commerce and IT. Customer 360 supplies customer-facing applications and business workflows, while data and AI tools help teams share customer records and handle leads, service requests and routine work.[14]
Sales Products: Accounts, Deals and Revenue
Sales Cloud organizes customer information, interactions and deal progress, supporting forecasting, automation and sales analysis. Related products cover sales performance, partner management and Revenue Cloud’s quoting, contracts and billing, extending workflows from prospecting through revenue management.[15]
Service Products: Cases and Omnichannel Support
Agentforce Service, formerly Service Cloud, turns customer requests from email, phone and messaging into cases routed to service representatives. Organizations can configure service consoles and automation, using Einstein and Agentforce to assist responses, resolution and human handoffs.[16]
Agentforce: Enterprise AI Agents
Agentforce configures and runs agents for service, sales and employee support. Agent Builder combines instructions, actions, Flow automation and MuleSoft APIs. Observability tools monitor performance, and issues beyond an agent’s scope can be escalated to people. Deployment depends on enterprise data and configured permissions.[17]
Data 360: Data and Business Context
Data 360, formerly Data Cloud, combines customer interactions, structured records and documents, with unified profiles, identity resolution and segmentation. Zero-copy connections access data in platforms such as Snowflake and Databricks, while Agent Context Engine organizes records and unstructured material into business context.[18]
Social Programs: The 1-1-1 Model
The company’s 1-1-1 model commits 1% of employee time, equity and product to communities. Its programs include education grants, employee volunteering, discounted software for nonprofits, and technology, funding and expertise through Salesforce Accelerator.[19]
Sources
- Salesforce’s 20th Anniversary: Celebrating Two Decades of Our Ohana (opens in a new window)
- The History of Salesforce (opens in a new window)
- Salesforce.com Completes Acquisition of ExactTarget (opens in a new window)
- Salesforce Completes Acquisition of MuleSoft (opens in a new window)
- Salesforce Completes Acquisition of Tableau (opens in a new window)
- Salesforce Completes Acquisition of Slack (opens in a new window)
- Salesforce Form 8-K, January 4, 2023 (opens in a new window)
- Salesforce Completes Acquisition of Informatica (opens in a new window)
- Salesforce Delivers Record Fourth Quarter Fiscal 2026 Results (opens in a new window)
- Salesforce Delivers Record Second Quarter Fiscal 2027 Results (opens in a new window)
- Salesforce Unveils AIforce, Bringing the Full Power of Its Platform to Any Interface (opens in a new window)
- Announcing Koa: Salesforce’s First CRM Reasoning Model, Built on NVIDIA Nemotron (opens in a new window)
- Salesforce Signs Definitive Agreement to Acquire Rune Technologies (opens in a new window)
- Salesforce: The #1 AI CRM (opens in a new window)
- Sales Software & Solutions Powered by AI (opens in a new window)
- What Is Agentforce Service? (opens in a new window)
- Agentforce: The AI Agent Platform (opens in a new window)
- Data 360 (Formerly Data Cloud) (opens in a new window)
- Philanthropy at Salesforce (opens in a new window)