Salesforce's venture capital arm raises second European tech fund at $125m

The venture capital arm of Salesforce has closed its second fund for European tech startups at $125m (£98.7m), with a renewed focus on enterprise cloud.

Salesforce Ventures said it was the most active corporate VC in Europe last year, making investments across the spectrum in digital payments, artificial intelligence and blockchain.

It follows the software giant's first fund, launched in Europe in 2015 at $100m. Previous British investments from Salesforce's first fund include Gocardless, Privitar and Onfido.

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