Location: San Francisco, CA
Year Founded: 1999
Status: As of 2015, it is one of the most highly valued American cloud computing companies with a market capitalization of $50 billion. It is listed on the New York Stock Exchange with the ticker symbol CRM and is a constituent of the S&P 500 Index.
Inventor: Marc Benioff & Parker Harris
Salesforce.com is an American cloud computing company headquartered in San Francisco, California. Though its revenue comes from a customer relationship management (CRM) product, Salesforce also tries capitalizing on commercial applications of social networking through acquisition. The company was founded in 1999 by former Oracle executive Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez as a company specializing in software as a service (SaaS). Harris, Moellenhoff and Dominguez, three software developers previously at consulting firm Left Coast Software, were introduced to Benioff through friend and former Oracle colleague Bobby Yazdani. Harris and team wrote the initial sales automation software, which launched to its first customers in the fall of 1999.