The $375 million cash-and-stock transaction enables Salesforce's Missionforce unit to move beyond back-office planning into real-time field deployments. Founded in 2024, Rune previously secured $30 million from backers including Andreessen Horowitz, Point72 Ventures, and IQT. The acquisition follows a 10-year, $5.6 billion U.S. Army contract that has fueled an 80% year-over-year growth rate for the specialized public sector division. The buyout also arrives amid a broader multi-billion-dollar dealmaking streak by the cloud firm.
Key points
The acquisition allows Missionforce to extend its military software capabilities from adm…: The acquisition allows Missionforce to extend its military software capabilities from administrative planning into active frontline battlefield operations.
Missionforce's rapid expansion in the defense sector is heavily supported by a 10-year, $…: Missionforce's rapid expansion in the defense sector is heavily supported by a 10-year, $5.6 billion contract with the U.S. Army.
The transaction adds to Salesforce's ongoing M&A wave, which includes multi-billion-dolla…: The transaction adds to Salesforce's ongoing M&A wave, which includes multi-billion-dollar deals for Fin and Qualified alongside an agreement for Listen Labs.
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Salesforce has agreed to acquire Rune Technologies, a startup that builds AI software to help the U.S. military predict supply needs and manage logistics from the field, for $375 million in cash and stock, Resilience Media reported.
The acquisition underscores Salesforce’s push into defense tech through Missionforce, its business unit serving national security and defense agencies. Since Missionforce launched last year, its business has grown 80% year over year, driven in part by a new 10-year, $5.6 billion contract with the U.S. Army, the company said in a blog post. By integrating Rune’s frontline logistics data, Missionforce will extend beyond back-office administrative planning to support battlefield operations.
Since its founding in 2024, Rune has raised a total of $30 million from investors, including Andreessen Horowitz, Point72 Ventures, and IQT, a CIA-backed non-profit venture firm formerly known as In-Q-Tel. The startup was last valued at $127 million when it raised a Series A led by Human Capital last year, according to PitchBook.
Salesforce has been on an acquisition spree this year. In addition to Rune, the CRM giant agreed to buy…
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