Tag: Marc Benioff

Oil and gas giants Chevron and Occidental are backing tech to combat carbon emissions

Carbon Engineering, a Canadian company developing technology to remove carbon dioxide from the atmosphere and process it for use in enhanced oil recovery or in the creation of new synthetic fuels, has locked in financing from two big industry backers — Chevron and Occidental Petroleum — to bring its products

Salesforce keeps rolling with another banner year in 2018

The good times kept on rolling this year for Salesforce with all of the requisite ingredients of a highly successful cloud company — the steady revenue growth, the expanding product set and the splashy acquisitions. The company also opened the doors of its shiny new headquarters, Salesforce Tower in San

LearnLux raises $2M from Sound Ventures, Marc Benioff to help employees make financial decisions

Earlier this year, Rebecca Liebman impressed a panel of high-profile investors, including Ashton Kutcher and Salesforce chief executive Marc Benioff, at a SXSW pitch competition. She won and Benioff wrote her a check for $200,000 on the spot. Today, she’s announcing that her educational fintech startup LearnLux has closed a $2

Envoy raises $43 million to digitize your office

The office might not seem like an area in desperate need of disruption, but Envoy — a Silicon Valley company used to sign in over 100,000 visitors at offices across the world each day; and a TechCrunch SF office neighbor! — has raised $43 million to do just that. The

Arianna Huffington’s Thrive Global is teaming up with Zenefits

Many are familiar with Arianna Huffington’s personal journey from media mogul to outspoken sleep advocate. In April 2007 she collapsed, broke her collarbone and woke up in a pool of blood, a well-publicized accident she attributes to sleep deprivation and exhaustion. In the years that followed, she shifted her focus

Protesters call on Salesforce to end contract with border patrol agency

A dozen or so people accompanied by a 14-foot, 800-pound cage gathered in downtown San Francisco Tuesday morning to protest Salesforce’s contract with U.S. Customs and Border Patrol (CBP), the agency within the Department of Homeland Security responsible for enforcing the Trump Administration’s zero-tolerance immigration policy. Today is the first day of Dreamforce,

On-demand trucking app Convoy raises $185M at $1B valuation

CapitalG, the growth equity arm of Alphabet, has led the $185 million round in Convoy, its first investment in the Seattle-based tech-enabled trucking network. The round brings Convoy’s total raised to $265 million and values the company at $1 billion. New investors T. Rowe Price and Lone Pine Capital participated

Marc and Lynne Benioff will buy Times magazine from Meredith for $190M

Another tech billionaire will scoop up a major news outlet. Meredith Corporation, which acquired Time Inc. in January, announced today that it has agreed to sell its eponymous magazine to Salesforce.com co-founder Marc Benioff and his wife Lynne Benioff for $190 million in cash. Meredith said in March that it

Detroit’s StockX raises $44M from GV and Battery to expand marketplace internationally

StockX started as a marketplace for reselling sneakers but has since grown to be much more, bringing its transparent and anonymous marketplace to more verticals. Today the company is announcing a $44 million Series B that will help fuel international and domestic growth while letting the company expand to even

JUST’s plant-based eggs are coming to a grocery store near you

Vegans, rejoice! JUST’s sustainable egg alternative is set to arrive in stores this fall. The vegan foods company, formerly known as Hampton Creek, will sell the egg-free and dairy-free “egg” in certain grocery store chains across the U.S.  JUST co-founder and CEO Josh Tetrick, whose company was valued at $1.1