Automation Anywhere | Pixr8 News

22Nov By PriyankaNo Comments

FUNDING

Robotics Platform Automation Anywhere Raises USD 290 Mn Funding

Automation Anywhere, a provider of robotic process automation raises USD 290 million (Rs 2,080 crore) in funding, led by Salesforce Ventures. The series B round, which puts a post-money valuation of USD 6.8 billion on the company, also saw participation from existing investors including Softbank Investment Advisers and Goldman Sachs, a statement said. "The new capital will help Automation Anywhere accelerate its vision to empower customers to automate end-to-end business processes, bridging the gap between the front and back offices with an artificial intelligence-powered intelligent automation platform," it added. In addition, the funding will advance the company's focus on improving human-to-bot collaboration through attended automation, it said. Last year, Automation Anywher...

5Nov By NitishNo Comments

ACQUISITION

Automation Anywhere acquihire Cathyos Labs

The SoftBank-backed robotic process automation (RPA) player, Automation Anywhere acquihire of product engineering start-up Cathyos Labs to support the company's expansion and product innovation. Cathyos Labs specialises in product development, automation, RPA and predictive analytics, Automation Anywhere said in a statement. Through the acqui-hire, Automation Anywhere will strengthen its engineering team to increase product development, support and delivery for customers in India and across the region, it said. Cathyos Labs is the first talent led acquisition by Automation Anywhere.Cathyos Labs engineers, including the co-founders, will join Automation Anywhere's product engineering team to provide development support for the web-based RPA platform, Enterprise A2019, it was stated...

Automation Anywhere acquires Paris based Klevops

2Aug By PriyankaNo Comments

ACQUISITION

Automation Anywhere acquires Paris based Klevops

Automation Anywhere, a provider of robotic process automation (RPA), has acquired Paris-based Klevops. However, Automation Anywhere didn't disclose the deal amount. RPA technology refers to the use of software robots (bots) to automate business processes that are currently managed manually by human workers. "With the acquisition, Automation Anywhere fast forwards the RPA category to Attended Automation 2.0, where managers can easily orchestrate workstreams across a team of employees and bots, driving a higher level of employee productivity and improved customer experience," a statement said. The acquired technology from Klevops will alter the dynamics between attended and unattended automation, making it a foundational solution for companies scaling their automation initiatives ac...

RPA Firm Automation Anywhere Secures $300 million from SVF

17Nov By Gauri SinghNo Comments

FUNDING

RPA Firm Automation Anywhere Secures $300 million from SVF

The RPA company Automation Anywhere has been raising valuable funds for a long time and this time, the company has raised $300 million in Series A financing round. This particular round was led by SoftBank Vision Fund. Following this funding round, the valuation of the company has reached $2.6 billion. Prior to this, the company raised $250 million. “With this additional capital, we are in a position to do far more than any other provider. We will not only continue to deliver the most advanced RPA to the market, but we will help bring AI to millions,” Mihir Shukla, CEO and Co-Founder at Automation Anywhere stated. Various RPA companies have been raising funds at an enormous pace this year. Another firm, UiPath also raised $265 million in its Series C round at a $3 billion valuation. ...

7Jul By Gauri SinghNo Comments

FUNDING

Funding Of The Week (2nd July – 7th July)

This week witnessed a number of funding activities and a few startups secured a considerable amount from various investors. Among all the fundraisers this week, Automation Anywhere raised the highest amount of funds amounting to $250 million. Funding is a major part of growth and expansion for a company. It is the backbone of the business plans and strategies. Without funding, a company cannot even think of taking up any major business steps. Many other companies also were a part of funding this week and here we have a list of them: 1) Automation Anywhere: (Funding link: https://goo.gl/a7YkwQ) The cognitive robotic process automation platform called Automation Anywhere has secured an amount of $250 million in a funding round led by New En...

RPA Startup Automation Anywhere Raises $250 Million

3Jul By Gauri SinghNo Comments

FUNDING

RPA Startup Automation Anywhere Raises $250 Million

The cognitive robotic process automation platform called Automation Anywhere has secured an amount of $250 million in a funding round led by New Enterprise Associates and Goldman Sachs. With this fresh funding round, the company’s valuation has reached $1.8 billion. Automation Anywhere aims to utilize these funds in increasing its customer base in North America, LATAM, India, Europe, Australia, Japan, South Korea and Singapore (ASEAN). Along with this, it also has plans to employ the funds in expanding the technology in additional areas. “Customers tell us that traditional process automation technologies are capable of automating only about 20 percent of an enterprise’s business processes. We believe our Intelligent Digital Workforce Platform can automate up to 80 percent of these pr...

RPA Software Developer Automation Anywhere To Build Over 500 Bots

18Jun By Gauri SinghNo Comments

BUSINESS

RPA Software Developer Automation Anywhere To Build Over 500 Bots

Automation Anywhere, a developer of robotic process automation (RPA) software has plans to produce over 500 bots. The company claims that it has over 210 pre-built bots in the Bot Store which is an online platform for the bots that enables the firms to download the RPA bots online and decrease the time involved in the organization and positioning of resources. The pre-built bots that are in the Bot Store have been manufactured by Automation Anywhere as well as by strategic partners including EY, Accenture, Genpact, InfosysNSE -1.08 % and Salesforce. “In just two months since launch, the number of bots in the Bot Store has grown from 100 to 210,” said Ankur Kothari, co-founder of Automation Anywhere. “These bots help accelerate automation in across industries and we will have over 500 ...