Salesforce Ventures, the corporate investment group of customer-relationship management software provider Salesforce.com, has announced the launch of the Salesforce Impact Fund, a $50 million initiative aimed at supporting companies that use Salesforce technology and are working to address challenges in the areas of workforce development, equality, sustainability, and social sector impact.

To that end, the fund will invest in companies that build products and solutions designed to ensure equal access to quality education and prepare students for the jobs of the future; promote equal opportunity and economic empowerment for women and underrepresented groups; create better access to clean energy, improve resource efficiency, and enhance supply chain performance; and/or are amplifying the efficiency and transparency of nonprofits.

At Salesforce, we've been committed to doing good as part of our business model since our founding and pioneering of the 1-1-1 model," said Suzanne DiBianca

Read the full article about corporate impact investing on Philanthropy News Digest