Salesforce to Acquire Rune for $375M — SkimNews
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- Salesforce has agreed to acquire Rune Technologies for $375 million in cash and stock, though the company did not respond to a request for comment.
- Rune builds AI software that helps the U.S. military predict supply needs and manage logistics from the field; since its 2024 founding it has raised $30 million from Andreessen Horowitz, Point72 Ventures and IQT, the CIA-backed nonprofit venture firm formerly known as In-Q-Tel.
- Rune was last valued at $127 million when it raised a Series A led by Human Capital last year, according to PitchBook.
- U.S. Army is the counterparty to a new 10-year, $5.6 billion Salesforce contract that the company said helped drive Missionforce's 80% year-over-year growth since the unit launched last year.
- Missionforce will integrate Rune's frontline logistics data, extending the defense unit beyond back-office administrative planning to support battlefield operations.
- Listen Labs walked away from a $125 million Series C term sheet at a $1.5 billion valuation before agreeing to be bought by Salesforce, part of a spree that also includes AI agent platform Fin (formerly Intercom) for $3.6 billion and Qualified for $1.2 billion.
Why it matters: Missionforce's 80% year-over-year growth is anchored in a new 10-year, $5.6 billion Army contract, and Rune's battlefield logistics software now extends that relationship beyond administrative planning. For Rune's backers — $30 million raised, a $127 million last valuation — the $375 million price is nearly three times that mark.
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