Automation Anywhere

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Automation Anywhere
IndustryComputer software
Founded2003
Founder
  • Ankur Kothari
  • Mihir Shukla
  • Neeti Mehta
  • Rushabh Parmani
HeadquartersSan Jose, California, U.S.
Key people
  • Abhijit Kakhandiki
  • Mark Fletcher
  • Gary Conway
Products
  • A2019 Enterprise RPA
  • IQ Bot
  • BotStore
  • Automation Anywhere University
Websitewww.automationanywhere.com

Automation Anywhere is a developer of robotic process automation (RPA) software, which employs software bots to complete processes.[1][2]

History[edit]

According to CEO Mihir Shukla, Automation Anywhere was originally founded as Tethys Solutions, LLC in San Jose, California by Ankur Kothari, Mihir Shukla, Neeti Mehta, and Rushabh Parmani.[3][4] The company rebranded itself as Automation Anywhere, Inc., in 2010.[citation needed] As of 2018, Automation Anywhere's customers included Google, LinkedIn, and GM.[1][5]

In 2018, New Enterprise Associates and Goldman Sachs led a funding round that resulted in over $250 million invested in Automation Anywhere.[4][5] In the same year, SoftBank invested over $300 million in Automation Anywhere.[2]

Automation Anywhere's products combine traditional RPA with cognitive elements such as natural language processing and reading unstructured data.[4] These include bots with machine-learning capabilities.[4][5]

In September 2019, Automation Anywhere was ranked No. 29 on the Forbes Cloud 100.[6]

References[edit]

  1. ^ a b Clifford, Catherine (6 July 2018). "Silicon Valley company that automates 'mundane' tasks with robots gets nearly $2 billion valuation". CNBC. Retrieved 18 December 2019.
  2. ^ a b Su, Jean Baptiste. "Why SoftBank Invested $300 Million In Robotic Process Automation (RPA)". Forbes. Retrieved 25 November 2019.
  3. ^ "The CEO of Automation Anywhere on How Robotic Process and Automation will Transform the Workplace". The Future Organization. 18 July 2016. Retrieved 8 May 2018.
  4. ^ a b c d "Automation Anywhere raises $250 million to make business processes self-running". VentureBeat. 2 July 2018. Retrieved 25 November 2019.
  5. ^ a b c Vignesh, J. (4 July 2018). "Automation Anywhere raises $250 million in series-A round to join the billion-dollar-plus club". The Economic Times. Retrieved 25 November 2019.
  6. ^ "#29 Automation Anywhere". Forbes. 11 September 2019. Retrieved 5 December 2019.

External links[edit]