Monday, October 1, 2007

Bay And Bessemer Add $25 Million In Monetary Muscle Behind

Bay Partners and Bessemer Venture Partners have teamed up with Salesforce to invest $25 million in businesses building on the recently announced application platform over the next three years. Investments will be around $500,000 each (some convertible notes). However, others may go as high as $2 million depending on the company’s stage and needs. [...]

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