MuleSoft

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MuleSoft, Inc.
Formerly
  • Azechi, Inc.
  • (April 2006 (2006-04) - July 2006 (2006-07))
  • MuleSource, Inc.
  • (July 2006 (2006-07) - August 2009 (2009-08))
Subsidiary
Industry
Founded2006; 13 years ago (2006)
Founders
  • Ross Mason
  • Dave Rosenberg
HeadquartersSan Francisco, California, U.S.
Key people
  • Greg Schott
  • (Chairman & CEO)
  • Matt Langdon
  • (CFO)
Products
  • Anypoint Platform
  • Mule runtime engine
RevenueIncrease US$ 296.46 million (2017)
Decrease US$ -79.80 million (2017)
Decrease US$ -79.98 million (2017)
Total assetsIncrease US$ 492.60 million (2017)
Total equityIncrease US$ 232.95 million (2017)
Number of employees
1,188 (2017)
WebsiteMuleSoft.com
Footnotes / references
[1]

MuleSoft, Inc. is a software company headquartered in San Francisco, California, that provides integration software for connecting applications, data and devices.[2] Started in 2006, the company's Anypoint Platform of integration products is designed to integrate software as a service (SaaS), on-premises software, legacy systems, and more.[3][4]

The company originally provided middleware and messaging, and later expanded to provide an integration platform as a service (iPaaS) approach for companies through its main product, Anypoint Platform.[5][6] MuleSoft's Anypoint Platform includes various components such as Anypoint Design Center, which allows API developers to design and build APIs; Anypoint Exchange, a library for API providers to share APIs, templates, and assets; and Anypoint Management Center, a centralized web interface to analyze, manage, and monitor APIs and integrations.[7] MuleSoft also offers the Mule runtime engine, a runtime solution for connecting enterprise applications on-premises and to the cloud, designed to eliminate the need for custom point-to-point integration code.[8]

On May 2, 2018, Salesforce acquired Mulesoft for $6.5 billion in a cash and stock deal.[9]

History[edit]

Ross Mason and Dave Rosenberg founded MuleSource in 2006. The company changed the name to MuleSoft in 2009. In April 2013, the startup announced $37 million in Series E financing in a round led by New Enterprise Associates, with participation from new strategic investor Salesforce.com, and existing investors Hummer Winblad Venture Partners, Morgenthaler Ventures, Lightspeed Venture Partners, Sapphire Ventures (formerly SAP Ventures) and Bay Partners. The round brought MuleSoft's total financing, over the course of seven funding rounds, to $259 million.[10][11]

In April 2013, MuleSoft acquired ProgrammableWeb, a website used by developers to help build web, mobile and other connected applications through APIs.[12][13]

In 2016, MuleSoft was ranked #20 on the Forbes Cloud 100 list.[14]

In February 2017, the company filed for an IPO[15] and began trading on the New York Stock Exchange on March 17, 2017.[16] The stock rose more than 45% on its first day of trading.[17]

In March 2018, Salesforce.com announced it was buying MuleSoft in a deal reported to be worth US$6.5B.[18][19] In May 2018, Salesforce completed acquisition of MuleSoft.[20]

The "mule" in the name comes from the drudgery, or "donkey work," of data integration that the platform was created to escape. Also, like a mule, it delivers the strength of a donkey to haul the heavy workload, and the speed of a racehorse to get it done quickly.[21]

References[edit]

  1. ^ "US SEC: Form 10-K MuleSoft, Inc". U.S. Securities and Exchange Commission. Retrieved March 8, 2018.
  2. ^ Moore, Madison. "MuleSoft releases new tool to RAML community". Retrieved 5 November 2015.
  3. ^ "More SaaS Integration from MuleSoft - CloudAve". 14 May 2012. Retrieved 29 July 2016.
  4. ^ MuleSoft Enters The Cloud Integration Race With The Launch of Mule iON SaaS Edition Archived 2013-01-21 at Archive.today
  5. ^ "MuleSoft blends middleware, devops and PaaS for API integration approach". Retrieved 29 July 2016.
  6. ^ "What is MuleSoft? - Definition from WhatIs.com". SearchCloudComputing. Retrieved 2018-09-06.
  7. ^ "What is MuleSoft? - Definition from WhatIs.com". SearchCloudComputing. Retrieved 2018-09-06.
  8. ^ "Eliminating Point-To-Point Integration Pain with Mule ESB - Use Cases". MuleSoft. Retrieved 26 May 2017.
  9. ^ "Salesforce Just Bought MuleSoft, an IT Company That Went Public Last Year"
  10. ^ "MuleSoft rakes in $37 million and launches its Anypoint Platform to connect any and all enterprise APIs and datasets". 3 April 2013. Retrieved 29 July 2016.
  11. ^ "Funding Rounds | Crunchbase". Crunchbase. Retrieved 2018-09-13.
  12. ^ Wauters, Robin (23 April 2013). "ProgrammableWeb – the destination for all things API – gets bought again, this time by MuleSoft". The Next Web. Retrieved 26 May 2017.
  13. ^ Williams, Alex (23 April 2013). "MuleSoft Buys Programmable Web From Alcatel-Lucent, Marking The Telco's Departure From A Core API Community". TechCrunch. Retrieved 26 May 2017.
  14. ^ "Forbes Cloud 100". Forbes. Retrieved 8 November 2016.
  15. ^ Roof, Katie (17 February 2017). "App platform company MuleSoft files for IPO". TechCrunch.
  16. ^ "MuleSoft Announces Pricing of Initial Public Offering". MuleSoft. 16 March 2017.
  17. ^ Taylor, Anita; Balakrishnan, Harriet (17 March 2017). "Mulesoft IPO beats Snap in first-day trading". CNBC. Retrieved 26 May 2017.
  18. ^ "Salesforce Buys MuleSoft for $6.5 Billion in Expansion Quest". Bloomberg. 21 March 2018. Retrieved 21 March 2018.
  19. ^ "In a rare move, venture firm NEA made the hugely profitable call to hold its MuleSoft shares after IPO lockup". cnbc.com. 21 March 2018. Retrieved 6 March 2019.
  20. ^ "Salesforce completes acquisition of MuleSoft". www.channelworld.in. Retrieved 2018-05-25.
  21. ^ "About page". MuleSoft. Retrieved 2019-02-24.

External links[edit]