Automation Anywhere Raises $290M in Series B
Automation Anywhere has successfully raised $290M in a Series B at a $6.8B valuation led by Salesforce Ventures, General Atlantic.
Company Overview
Automation Anywhere is a Enterprise Software company headquartered in San Jose, CA, founded in 2003 with 2500+ employees.
Intelligent automation platform
Fundraising Details
- Amount Raised: $290M
- Round Type: Series B
- Valuation: $6.8B
- Date: 2019-11-11
- Investors: Salesforce Ventures, General Atlantic
About Automation Anywhere
Intelligent automation platform The company is positioned in the Enterprise Software sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Jose, CA
- Founded: 2003
- Team Size: 2500+
- Industry: Enterprise Software
What This Means
This funding round demonstrates strong investor confidence in Automation Anywhere's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Enterprise Software sector continues to attract significant investment as companies innovate to meet evolving market demands. Automation Anywhere's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $6.8B valuation marks an important milestone for Automation Anywhere, positioning the company among notable players in the Enterprise Software industry.
Looking Ahead
With this new capital, Automation Anywhere is well-positioned to execute on its growth strategy and continue building innovative solutions in the Enterprise Software space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
---
This fundraising news was reported on 2019-11-11. For more information about Automation Anywhere, visit their headquarters at San Jose, CA.
