Category Archives: vlocity

Salesforce promotes former Vlocity CEO David Schmaier to president and CPO

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Last year I penned a post positing that Salesforce’s propensity to purchase mature enterprise companies not only provided new technology, but was also helping to produce a profusion of executive talent.. As though to prove my point, the company announced today that it was promoting former Vlocity CEO, David Schmaier to president and chief product […] Continue reading Salesforce promotes former Vlocity CEO David Schmaier to president and CPO→

Salesforce names Vlocity founder David Schmaier CEO of new Salesforce Industries division

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When Salesforce announced it was acquiring Vlocity for $1.33 billion in February, it was a deal that made sense for both companies. Today, the company announced that the deal has closed and Vlocity CEO David Schmaier has been named CEO of a new division called Salesforce Industries. Vlocity has built several industry-specific CRM tools such […] Continue reading Salesforce names Vlocity founder David Schmaier CEO of new Salesforce Industries division→

Salesforce grabs Vlocity for $1.33B, a startup with $1B valuation

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It’s been a big news day for Salesforce . It announced that Co-CEO Keith Block would be stepping down, and that it had acquired Vlocity for $1.33 billion in an all-cash deal. It’s no coincidence that Salesforce targeted this startup. It’s a firm that builds six industry-specific CRMs on top of Salesforce — communications, media […] Continue reading Salesforce grabs Vlocity for $1.33B, a startup with $1B valuation→