Salesforce.com, the US-based cloud company, has backed Chute, an app and website management company, has raised early stage funding.
Salesforce was joined in the deal by venture firm Freestyle Capital, which led the round, and venture firms Battery Ventures, USVP and angels such as Joe Fernandez, Binh Tran, the chief executive of Klout, and Joshua Reeves, the chief executive of Zen Payroll.
It is the latest partnership between Salesforce, led by Marc Benioff (pictured), and a Y Combinator-backed company.
In May Salesforce bought Stypi, a graduate of YCombinator and a document editor, an incubator programme backed by Salesforce.
Salesforce has previously bought Y Combinator start-ups Etacts, a contact-management business, for an undisclosed sum, and Heroku, a Ruby on Rails platform, for $250m.
Salesforce has also taken stakes in at least four of Y Combinator’s graduates, Global Corporate Venturing research found in our February profile.
A Salesforce spokeswoman said at the time of the Stypi buy: “Y Combinator attracts great entrepreneurs. Although we do not have a formal connection or relationship with Y Combinator, we do follow the startups that come out of the program, and we make small investments in Y Combinator companies as part of our broader investment program.”