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Bay And Bessemer Add $25 Million In Monetary Muscle Behind Force.com Bay Partners and Bessemer Venture Partners have teamed up with Salesforce to invest $25 million in businesses building on the recently announced Force.com 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. The investments are a boon to the evolving Force platform and sure to lessen the appeal for a host of other database-driven application platforms.


Source: http://www.techcrunch.com/2007/09/30/bay-and-bessemer-add-25-million-in-monetary-muscle-behind-forcecom/

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