Salesforce owns $1 billion worth of other companies — here are its four biggest investments in public companies (CRM, DBX, DOCU, DOMO)

marc benioff

Salesforce brings in billions of dollars in revenue each year from its subscription software subscriptions. But the $105 billion cloud company is also a big tech investor, especially when it comes to pouring money into other public companies that sell software to businesses.

And those investments add up. As of April, Salesforce owned $1.02 billion of equity in other companies, according to a company filing.

In a separate filing, published Monday, Salesforce revealed the size and scope of its biggest holdings. All together, the company's four largest investments account for $452 million — just short of half the value of its entire portfolio.

These are Salesforce's four biggest investments:

Domo — $2.202 million

Domo, a data visualization software company, went public in June, under a cloud of cynicism from analysts and pundits over the company and its financial prospects. Now, Domo is valued on the public markets at $464 million — less than a quarter of the $2 billion private valuation at which it had last raised venture capital funding.

None of that has seemed to deter Salesforce, which owns 80,647 shares in Domo, worth a total of $2.202 million. It's Salesforce's fourth largest investment, according to a public filing.

Twilio — $49.775 million

Salesforce is a big investor in Twilio, the cloud communication company that went public in 2016. Twilio stock is on something of a bull run: It's now trading at about $74 a share — up from $31 in the August of 2017.

Salesforce owns 888,517 shares in the company, for a total investment valued at $49.775 million. That makes Twilio its third-largest investment.

Dropbox — $160.1 million

Salesforce swooped in just before Dropbox's March IPO to make a whopping $100 million investment — one of its largest strategic investments ever. Before that, Salesforce had previously invested $5 million into the file sharing and collaboration software company.

Now Salesforce owns 4,938,567 shares, which is worth $160.1 million, according to the filing. While Salesforce owns more stock in Dropbox than in any other company, it's only the second largest investment by value.

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