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Salesforce will be investing $50 million in startups, to launch incubator

Salesforce will devote a new $50 million fund that will invest in startups. The company is also creating an incubator for early-stage cloud startups at Salesforce’s San Mateo office. The announcement was made by the company’s Chief Executive Marc Benioff, speaking at the company’s developer conference.

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San Francisco-based network detection and response (NDR) company Corelight has raised $150 million in a Series E funding round.

Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.