Thursday, November 21

Tag: Automation Anywhere funding

Robotics Platform Automation Anywhere Raises USD 290 Mn Funding
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...
RPA Firm Automation Anywhere Secures $300 million from SVF
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. ...