After rumors of a third acquisition in four weeks, Salesforce has refuted claims it has rolled up Moonhub.
Instead, a Salesforce spokesperson suggested that Moonhub - the AI recruitment solutions provider - is shuttering.
While the CRM leader is onboarding many of Moonhub's staff, it won't employ all its team members, as initially reported by several publications.
These publications reacted to an article penned by Nancy Xu, CEO of Moonhub, on the company's website.
In the piece, Xu wrote: "Today, we are excited to announce the Moonhub team will be joining Salesforce.
From our earliest conversations, it [was] also clear that our companies share deep core values like customer trust, along with a resolute conviction in the role AI agents will play in unlocking an era of global innovation and opportunity. We are excited for the impact we will make together.
The Moonhub employees who transfer to Salesforce will "play a key role" in evolving Salesforce’s AI strategy, including Agentforce, as per Xu.
The CEO founded Moonhub in 2022 and has since raised over $14MN, with investors including Salesforce and GV (previously Google Ventures).
The company also had a diverse clientele, featuring startups through to several of the Fortune 500.
As such, its shutdown is a surprise - albeit one that may benefit Salesforce, as it aspires to provide AI to teams beyond its traditional front-office install base.
Exemplifying this, Salesforce announced Agentforce for HR Service last month, a solution the Moonhub team could help to extend.
Salesforce's $8BN Punt on Informatica
Despite refuting the Moonhub acquisition, Salesforce has been on somewhat of a shopping binge in recent times.
Last week, it splashed out $8BN to acquire Informatica, the cloud data management platform.
