Salesforce Agrees to Buy Defense Logistics Startup Rune Technologies for Missionforce; Resilience Media Reports a $375M Price
Salesforce signed a definitive agreement on October 29 to acquire Rune Technologies, a 2024 startup whose software forecasts and plans military supply needs in places with little or no connectivity, and fold it into its Missionforce defense business. Salesforce did not disclose a price. Resilience Media, citing two sources, reported $375 million in shares and cash, about three times Rune's last PitchBook valuation of $127 million by our calculation. Closing is expected in Salesforce's fiscal fourth quarter.
Salesforce's defense pitch has so far been about headquarters: records, planning and back-office work. With Rune Technologies, it is buying software built to keep working where its cloud cannot reach. Salesforce said on October 29 that it has signed a definitive agreement to acquire Rune, whose tools help military units forecast supply needs and plan resupply in "denied, degraded, intermittent, or limited" connectivity, and synchronize when the network returns.
The deal#
Salesforce did not disclose terms. Resilience Media reported on October 30, citing two sources familiar with the matter, that Salesforce is paying $375 million in a combination of shares and cash. Rune had raised $30 million from investors including Andreessen Horowitz, Point72 Ventures and IQT and was last valued at $127 million, according to PitchBook data cited by Resilience Media; by our calculation the reported price is about three times that valuation. Rune and Salesforce did not respond to Resilience Media's request for comment.
Salesforce said the deal is expected to close in the fourth quarter of its fiscal year 2027, subject to customary closing conditions. It called Rune its most significant national security-focused acquisition.
What Rune does#
Rune was founded in 2024 by David Tuttle and Peter Goldsborough, who previously held leadership roles at Anduril, and Salesforce says its software is already deployed with the US Army and Marine Corps. Resilience Media reported that its product, TyrOS, tracks inventory and helps soldiers work out what they need, when, and how to move it, and that Rune won a $99 million Army contract over the summer.
Salesforce said Rune will join Missionforce, its defense business, which it says is growing 80% year over year with customers in all six branches of the US military and holds a 10-year Army contract with a $5.6 billion ceiling. In Salesforce's description, Missionforce is the system of record at headquarters and in strategic planning, and Rune adds the operational edge. "Salesforce is doubling down on national security with our most significant acquisition in this space," said Kendall Collins, chief executive of Missionforce and Government Cloud.
The deal follows Salesforce's agreement this month to buy Braze for its marketing business.
Limits#
- The $375 million price comes from one outlet, Resilience Media, citing two unnamed sources; Salesforce has not confirmed it.
- The 80% growth, the deployments with the Army and Marine Corps, and the description of Rune's capabilities are the companies' own claims.
- The Army contract's $5.6 billion figure is a ceiling, not committed spending.