Automation Anywhere

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Automation Anywhere
TypePrivate
IndustrySoftware
Founded2003; 19 years ago (2003)
FounderMihir Shukla, Neeti Mehta Shukla, Ankur Kothari, Rushabh Parmani
HeadquartersSan Jose, California, U.S.
Number of locations
15 offices
Area served
Worldwide
Key people
  • Mihir Shukla (CEO)
ProductsRPA tools
Automation tools
Number of employees
2,200+
Websitewww.automationanywhere.com

Automation Anywhere is an American global software company that develops robotic process automation (RPA) software.[1]

Founded in 2003, the company is headquartered in San Jose, California.

History[edit]

Automation Anywhere was originally founded as Tethys Solutions, LLC[2] in San Jose, by Mihir Shukla, Neeti Mehta Shukla, Ankur Kothari and Rushabh Parmani. The company rebranded itself as Automation Anywhere, Inc. in 2010.[3]

As of early 2021, the company reported some 2,800 client firms around the world. Customers cited in 2020 included Volkswagen, Whirlpool, and other organizations.[4][5]

The company's 2,100+ partner relationships [6] include collaborations with Microsoft, Google, and Amazon Web Services to advance intelligent automation,[7] and with Salesforce, to help its customers automate their front office business processes.[8] In early 2021, the company had 110+ customers who are also partners.

Between 2018 and 2019, Automation Anywhere received a total of $840 million in Series A and Series B investments at a post-money valuation of $6.9 billion. In 2018 the company announced a total of Series A investments of $550 million from General Atlantic, Goldman Sachs, NEA, World Innovation Lab, SoftBank Investment Advisers, and Workday Ventures.[9][10] In late 2019, a Series B round, led by Salesforce Ventures, raised $290 million.[11]

In 2019, the company acquired Klevops, a privately owned company based in Paris that works in the finance, banking and telecommunications industries.[12]

In December 2021, Automation Anywhere announced it intends to acquire process discovery startup FortressIQ.[13]

References[edit]

  1. ^ Clifford, Catherine (July 6, 2018). "Silicon Valley company that automates 'mundane' tasks with robots gets nearly $2 billion valuation". CNBC. Retrieved December 18, 2019
  2. ^ Limited Liability Company Articles of Organization, Tethys Solutions. Retrieved May 19, 2020
  3. ^ Von Rombourgh, Marlize. (November 21, 2019) ”San Jose automation unicorn catapults to $6.8B valuation with Salesforce-led funding”, Silicon Valley Business Journal. Retrieved May 19, 2020
  4. ^ Wiggers, Kyle (November 21, 2019) Automation Anywhere raises $290 million at a $6.8 billion valuation Venture Beat. Retrieved May 21, 2020
  5. ^ Khan, Tuba. (April 9, 2020) Automation Anywhere Launches New RPA Solutions to Respond toGlobal COVID-19 Pandemic PharmaShots. Retrieved May 26, 2020
  6. ^ (March 30, 2020) Automation Anywhere Press Release Boilerplate: “Automation Anywhere Recognized with 5-Star Rating in 2020 CRN Partner Program Guide
  7. ^ (September 5, 2018) Automation Anywhere Now Supports the Four Major Cloud Providers Smart Customer Service. Retrieved May 26, 2020
  8. ^ Von Rombourgh, Marlize. (November 21, 2019) ”San Jose automation unicorn catapults to $6.8B valuation with Salesforce-led funding”, Silicon Valley Business Journal. Retrieved May 19, 2020
  9. ^ Wiggers, Kyle (July 2, 2018). ”Automation Anywhere Raises $250 Million to Make Business Processes Self-Running.” VentureBeat. Retrieved May 19, 2020.
  10. ^ Wiggers, Kyle (November 15, 2018). “Automation Anywhere Raises $300 Million from SoftBank’s Vision Fund.” VentureBeat. Retrieved May 19, 2020
  11. ^ Von Rombourgh, Marlize. (November 21, 2019) ”S an Jose automation unicorn catapults to $6.8B valuation with Salesforce-led funding”, Silicon Valley Business Journal. Retrieved May 19, 2020.
  12. ^ CIO New Zealand (August 7, 2019) “Automation Anywhere Acquires Klevops” CIO.com. Retrieved May 28, 2020
  13. ^ Miller, Ron. "Automation Anywhere expands into process discovery with FortressIQ acquisition". TechCrunch. TechCrunch. Retrieved December 26, 2021.

External links[edit]