TYSONS CORNER, VA, Sept. 6, 2016 — The corporate investment arm of Salesforce (NYSE: CRM) has provided funds to support Phase One Consulting Group‘s federal business particularly in the field of federal information technology, ExecutiveBiz reported Friday.
Phase One said Thursday Salesforce Ventures was one of the participating investors in the consulting company’s latest funding round as it seeks to support modernization efforts in federal IT.
“I am excited to see Phase One continue to deliver exceptional success to its customers in the quickly growing federal IT sector, ” said Dave Rey, executive vice president for Salesforce’s North American public sector business and an inductee into Executive Mosaic‘s Wash100 for 2016.
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