Salesforce doubles down on Japan with dedicated $100M fund

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It’s been a good week for Japanese startups. Fresh from Google making a rare investment in the country when it backed AI startup Abeja, so Salesforce — another U.S. tech titan — has announced a $100 million fund for enterprise startups in Japan.

The Japan Trailblazer Fund is Salesforce Venture’s first local fund in Asia. The firm’s VC arm has backed 40 startups in Japan since 2011, that’s a fractional of its portfolio of over 275 startups. While, at $100 million, the Japan fund is also a small part of the overall investment thesis which has seen Salesforce Ventures plow over $1 billion into companies worldwide.

Nevertheless, the dedicated focus on Japan is positive news for the country, which has

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Read full article » https://techcrunch.com/2018/12/06/salesforce-ventures-japan-trailblazer-fund-100-million/


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