Automation Anywhere

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Automation Anywhere
Company type Private
Industry Software
Founded2003;21 years ago (2003)
FounderMihir Shukla, Neeti Mehta Shukla, Ankur Kothari, Rushabh Parmani
Headquarters San Jose, California, U.S.
Number of locations
15 offices
Area served
Worldwide
Key people
  • Mihir Shukla (CEO)
Products RPA tools
Automation tools
Number of employees
2,200+
Website www.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

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. [3] 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. [8] [9] In late 2019, a Series B round, led by Salesforce Ventures, raised $290 million. [3]

In 2019, the company acquired Klevops, a privately owned company based in Paris that works in the finance, banking and telecommunications industries. [10]

In December 2021, Automation Anywhere announced it intends to acquire process discovery startup FortressIQ. [11]

Automation Anywhere's co-founder, Neeti Mehta Shukla, received the Women's Entrepreneurship Day Organization’s Technology Pioneer Award at the United Nations in 2022. [12]

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References

  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". Archived from the original on September 25, 2021. Retrieved May 19, 2020.
  3. 1 2 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. ↑ "Automation Anywhere Launches New RPA Solutions to Respond to Global COVID-19 Pandemic" (Press release). Automation Anywhere. April 8, 2020. Retrieved August 1, 2023.
  6. ↑ "Automation Anywhere Recognized with 5-Star Rating in 2020 CRN Partner Program Guide" (Press release). Automation Anywhere. March 30, 2020.
  7. ↑ "Automation Anywhere Launches Cloud Strategy with Leading Global Cloud Companies" (Press release). Autonation Anywhere. September 4, 2018. Retrieved August 1, 2023.
  8. ↑ Wiggers, Kyle (July 2, 2018). "Automation Anywhere Raises $250 Million to Make Business Processes Self-Running". VentureBeat. Retrieved May 19, 2020.
  9. ↑ Wiggers, Kyle (November 15, 2018). "Automation Anywhere Raises $300 Million from SoftBank's Vision Fund". VentureBeat. Retrieved May 19, 2020.
  10. ↑ "Automation Anywhere Acquires Klevops". CIO.com. August 7, 2019. Archived from the original on February 17, 2020. Retrieved May 28, 2020.
  11. ↑ Miller, Ron (December 23, 2021). "Automation Anywhere expands into process discovery with FortressIQ acquisition". TechCrunch. Retrieved December 26, 2021.
  12. ↑ Meng, Grace (November 17, 2022). "WOMEN'S ENTREPRENEURSHIP DAY 2022" (PDF). Congressional Record . 117: 178: E1163.
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