Salesforce Ventures and Sverica Capital Management to invest in Coastal Cloud.

Salesforce Ventures, a venture capital firm, and Sverica Capital Management, a private equity firm, agreed to invest in Coastal Cloud, a provider of technology consulting service. Financial terms were not disclosed. "Cloud services has been a longtime focus for Sverica and now, more than ever, companies need to digitally transform the way they connect with their customers, employees, and partners. Coastal Cloud’s solutions not only enable their clients to succeed by deploying Salesforce’s leading technology stack, but they also provide core business processes and dashboard driven analytics to allow them to operate more efficiently and effectively. We are excited to partner with Tim, Sara, and the whole Coastal team to build upon their success and support their rapid growth," Jordan Richards, Sverica Managing Partner.