This acquisition is a strategic move by Salesforce to strengthen its position in the data protection and data management space. Salesforce already has a strong presence in the CRM market, but it has been expanding its reach into other areas, including data protection and data management. This acquisition will allow Salesforce to offer a more comprehensive suite of data protection and data management solutions to its customers.
* Early investors in Own, a fintech startup, were primarily focused on the potential for disruption in the insurance industry. * Vertex Ventures Israel, an early investor, invested millions of dollars in Own. * Vertex Ventures Israel’s investment was successful and has yielded significant returns for the company. * Later investors, including B Capital Group and Alkeon Capital, have been less successful.