Salesforce unveils $50 mn Lightning fund

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Salesforce unveiled $50 million fund to increase developer population around its Lightning platform.

The fund, to be operated by Salesforce Ventures, Salesforce’s corporate investment group, will be spent on entrepreneurs who are building  Lightning apps and components that extend the power of Salesforce for customers.

Companies including FinancialForce, Kenandy and nCino are already building on Salesforce Lightning.

Bessemer Venture Partners, Cloud Apps Capital Partners, Emergence Capital, Kleiner Perkins Caufield and Byers, and Lightspeed Venture Partners will partner with Salesforce Ventures to identify opportunities to jointly invest in these innovative startups.

The company also announced TrailheaDX Superbadges, skills-based credentials awarded for solving real-world business challenges as part of its training programmeTrailheaDX.

Developers use the Lightning Component Framework to build custom components—reusable pieces of functionality that form the building blocks for apps—using industry standard HTML, CSS, JavaScript and other web-enabled code.

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