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Saltbox Mgmt Secures Investment to Drive the Future of B2B Buying

Saltbox Mgmt Secures Investment to Drive the Future of B2B Buying

December 23, 2024 Craig Etkin

MINNEAPOLIS, Dec. 4, 2024 /PRNewswire/ — Saltbox Mgmt, a leader in Salesforce-based B2B and D2C digital commerce and order management, today announced the successful closure of its latest funding round. Led by Salesforce Ventures with follow-on investment from Traction Capital, this investment marks a pivotal moment for Saltbox Mgmt, positioning the company to accelerate growth and deepen its impact across the Salesforce ecosystem.

“This funding represents a significant milestone for Saltbox Mgmt,” said David Blue, Founder & CEO of Saltbox Mgmt. “Having Salesforce Ventures in our corner underscores their confidence in our vision and mission. This will help us get to the future, faster,” Blue continued. “We’re going to use it to accelerate growth, expand our offerings both in services and AI, and extend our reach. Our customers, partners, and employees will all see the benefits as we continue to help our customers use Salesforce to deliver modernized, omni-channel buying experiences.”

Founded in August of 2021, Saltbox Mgmt has quickly established itself as an innovator in the Salesforce partner ecosystem, offering connected Salesforce commerce and Customer360 solutions that help businesses deliver exceptional, omni-channel buyer experiences to their customers. This capital will further fuel Saltbox’s commitment to providing these scalable and future-proof solutions that enable clients to adapt and thrive in the digital and AI age.

With the backing of this new funding, Saltbox Mgmt will focus on expanding its global team, scaling product innovation, growing its Agentforce capabilities, and strengthening its go-to-market efforts. This will help the company continue to deliver value to its growing client base and further establish itself as a premier Salesforce partner.

About Saltbox Mgmt
Saltbox is a leading Salesforce consulting and implementation services partner with headquarters in Minneapolis, MN. Saltbox delivers unrivaled cross-platform Salesforce consulting services to customers intent on future-proofing their businesses through digital transformation. With a combined 150+ years of experience working intimately with Salesforce products, people, and ecosystems, Saltbox is uniquely positioned to help teams deploy beautiful, architecturally-sound solutions that are easy to manage, built for scale, and positioned to set up our customers for long-term success. Best known for its Commerce Cloud and Order Management expertise and success, Saltbox helps customers build solutions that solve challenges throughout the entire revenue lifecycle and across all Salesforce products, including Service Cloud, Sales Cloud, Experience Cloud, and Marketing Cloud.

SOURCE Saltbox Mgmt

Copyright © 2024 Cision US Inc.


Venture Capital
Cision, Minneapolis, Minnesota, PRNewswire, Saltbox Mgmt, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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