Salesforce’s M&A spree continues with a reported $375M deal for defense tech startup Rune

In Brief

Salesforce has agreed to get Rune Technologies, a startup that builds AI bundle to assistance the U.S. subject foretell proviso needs and negociate logistics from the field, for $375 cardinal successful currency and stock, Resilience Media reported.

The acquisition underscores Salesforce’s propulsion into defence tech done Missionforce, its concern portion serving nationalist information and defence agencies. Since Missionforce launched past year, its concern has grown 80% twelvemonth implicit year, driven successful portion by a caller 10-year, $5.6 cardinal declaration with the U.S. Army, the institution said successful a blog post. By integrating Rune’s frontline logistics data, Missionforce volition widen beyond back-office administrative readying to enactment battlefield operations.

Since its founding successful 2024, Rune has raised a full of $30 cardinal from investors, including Andreessen Horowitz, Point72 Ventures, and IQT, a CIA-backed non-profit task steadfast formerly known arsenic In-Q-Tel. The startup was past valued astatine $127 cardinal erstwhile it raised a Series A led by Human Capital past year, according to PitchBook.

Salesforce has been connected an acquisition spree this year. In summation to Rune, the CRM elephantine agreed to buy AI cause level Fin (formerly Intercom) for $3.6 billion, bought Qualified for $1.2 billion, and signed an agreement to bargain Listen Labs aft the startup walked distant from a $125 cardinal Series C word expanse astatine a $1.5 cardinal valuation, arsenic TechCrunch reported.

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