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OMERS Ventures opens Silicon Valley office, hires Comcast Ventures Managing Director Michael Yang (PE Hub)

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Princeton life sciences company adds clinical exec (ROI)

Villanova-based roundCorner acquired by

Tom Paine

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roundCorner, the Villanova-based software firm for non-profits, foundations, and educational institutions, has been acquired by , it was announced on Monday.

roundCorner offers cloud-based SaaS CRM solutions built on the Salesforce platform and designed specifically for non-profits and higher ed institutions. Major customers include Girl Scouts, City Year, American Red Cross, Skoll Foundation and ASPCA. is a non-profit arm of Salesforce (CRM).

roundCorner received a Series A round in 2013 lead by Salesforce Ventures , with the amount not disclosed. It appears there was an earlier seed round, , in which Boston-based CPD , a collaborative fundraising service for public media stations, participated.

roundCorner's relationship to Salesforce has been difficult to acsertain at times, though this acquisition certainly clarifies things. A 2016 statement indicated that Salesforce,org would no longer be directly selling and servicing roundCorner products .

Meanwhile, co-founder and CEO Dan Lamont departed late last year and put a shingle out for a new venture, Threshold World .

In addition to the non-profit angle, Salesforce has been focusing on developing more vertical apps, of which roundCorner is one. Acquires roundCorner. (Press Release) Acquires roundCorner

Together, and roundCorner will power a unified CRM solution for fundraising, alumni and donor outreach

roundCorner provides technologies to enable social good organizations to achieve their missions
SAN FRANCISCO, January 14, 2019—, a nonprofit social enterprise, today announced it has acquired roundCorner, which specializes in enterprise CRM solutions for nonprofits and other impact sectors.

“Through our technology, industry expertise and employee volunteerism, is dedicated to empowering the social good sector,” said Rob Acker, CEO, “Together, and roundCorner will further power our community of customers with solutions to advance their missions.”

roundCorner: An enterprise solution to transform the social impact sector

roundCorner, the first Platinum App Partner for the nonprofit market in North America, offers technology solutions for enterprise nonprofit organizations, higher education institutions and foundations to become constituent-centric with products such as NGO Connect, Advancement Connect and Foundation Connect.

roundCorner empowers customers with fundraising and grants management built on Salesforce, so they can connect with each of their constituents from one single place.

In 2016, roundCorner joined Pledge 1% – a corporate philanthropy movement started by Salesforce, dedicated to making the community a key stakeholder in every business.

Acquisition to accelerate innovation and impact for’s community

roundCorner technology will extend the power of Nonprofit Cloud, Education Cloud and Philanthropy Cloud as continues to deliver solutions for fundraising, alumni and donor outreach.

Together, and roundCorner will accelerate customers’ impact in their communities, whether a nonprofit, educational institution or a foundation. By making a unified system for connecting fundraising, advancement and engagement systems, and roundCorner will unlock new ways to connect to constituents and optimize existing technology solutions.

Details Regarding the Acquisition

The boards of directors of and roundCorner have unanimously approved the acquisition.


Everyone who wants to change the world should have the tools and technology to do so. Technology is the most powerful equalizer of our time, providing access to data, knowledge, and — above all — connections. gets our technology in the hands of nonprofits, educational institutions, and philanthropic organizations so they can connect with others and do more good. As a social enterprise, the more missions our technology supports, the more we invest back into technology and communities, creating an endless circle of good. We’re here to help; visit us at