The fund, created with investment companies Bay Partners and Bessemer Venture Partners, will make investments of $500,000 or more in start-up companies using Force.com, the companies announced Monday.
Salesforce.com refers to Force.com as its "platform as a service." It allows companies to build add-ons to Salesforce.com's hosted CRM (customer relationship management) software, or entirely new hosted applications, using pre-built database, logic and workflow services from Salesfore.com."
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