MuleSoft

Last updated
MuleSoft, LLC.
Formerly
  • Azechi, Inc.
  • (April 2006 (2006-04) – July 2006 (2006-07))
  • MuleSource, LLC.
  • (July 2006 (2006-07) – August 2009 (2009-08))
Company type Subsidiary
Industry
Founded2007;17 years ago (2007)
Founders
  • Ross Mason
  • Dave Rosenberg
Successor Salesforce   OOjs UI icon edit-ltr-progressive.svg
Headquarters San Francisco, California, U.S.
Key people
  • Brent Hayward
  • (CEO)
Products
  • Anypoint Platform
  • Mule runtime engine
RevenueIncrease2.svg US$ 296.46 million (2017)
Decrease2.svg US$ -79.80 million (2017)
Decrease2.svg US$ -79.98 million (2017)
Total assets Increase2.svg US$ 492.60 million (2017)
Total equity Increase2.svg US$ 232.95 million (2017)
Number of employees
1,188 (2017)
Parent Salesforce
Website MuleSoft.com
Footnotes /references
[1]

MuleSoft, LLC. is a software company headquartered in San Francisco, California, that provides integration software for connecting applications, data and devices, [2] founded 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 other platforms. [3] [4]

Contents

In 2018, Mulesoft was acquired by Salesforce for $6.5 billion in a cash-and-stock deal. [5]

History

MuleSource, as the company was originally called, was founded by Ross Mason and Dave Rosenberg in 2006. The "mule" in the name comes from the drudgery, or "donkey work," of data integration that the platform was created to escape. [6] The company changed its name to MuleSoft in 2009. MuleSoft 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. [7] [8]

In April 2013, the company 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, Meritech Capital Partners, Sapphire Ventures (formerly SAP Ventures) and Bay Partners. This brought MuleSoft's total financing, over the course of seven rounds, to $259 million. [9]

In April 2013, MuleSoft acquired ProgrammableWeb, a website used by developers to help build web, mobile and other connected applications through APIs. [10] [11]

In 2016, MuleSoft was ranked #20 on the Forbes Cloud 100 list. [12]

In February 2017, the company filed for an IPO, [13] and began trading on the New York Stock Exchange on March 17, 2017. [14]

In March 2018, Salesforce.com announced it was buying MuleSoft in a deal reported to be worth $6.5 billion; [15] [16] the acquisition was completed in May of that year. [17]

Products

MuleSoft's Anypoint Platform includes 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. [18] MuleSoft also offers the Mule runtime engine for connecting enterprise applications on-premises and to the cloud, designed to eliminate the need for custom point-to-point integration code.[ jargon ] [19]

Operations

As of August 2019, MuleSoft had more than 1,400 employees and more than 1,600 customers. [20]

Related Research Articles

<span class="mw-page-title-main">Oracle Corporation</span> American multinational computer corporation

Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas, United States. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells database software and cloud computing. Oracle's core application software is a suite of enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software, enterprise performance management (EPM) software, Customer Experience Commerce(CX Commerce) and supply chain management (SCM) software.

Software AG is a German multinational software corporation that develops enterprise software for business process management, integration, and big data analytics. Founded in 1969, the company is headquartered in Darmstadt, Germany, and has offices worldwide.

<span class="mw-page-title-main">Salesforce</span> American software company

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development.

<span class="mw-page-title-main">Workday, Inc.</span> American software company

Workday, Inc., is an American on‑demand (cloud-based) financial management, human capital management, and student information system software vendor. Workday was founded by David Duffield, founder and former CEO of ERP company PeopleSoft, along with former PeopleSoft chief strategist Aneel Bhusri, following Oracle's acquisition of PeopleSoft in 2005.

<span class="mw-page-title-main">Cybozu</span>

Cybozu, Inc. is a Tokyo-based software company that provides web-based groupware services including Cybozu Office and kintone. In addition to the main office in Tokyo, Cybozu also has offices in Matsuyama and Osaka, as well as several overseas subsidiaries in countries including Vietnam, China, Australia and the United States. The U.S.-based subsidiary, kintone Corporation, is located in San Francisco, California.

Platform as a service (PaaS) or application platform as a service (aPaaS) or platform-based service is a category of cloud computing services that allows customers to provision, instantiate, run, and manage a modular bundle comprising a computing platform and one or more applications, without the complexity of building and maintaining the infrastructure typically associated with developing and launching the application(s), and to allow developers to create, develop, and package such software bundles.

<span class="mw-page-title-main">WSO2</span> Company providing open-source middleware

WSO2 is an open-source technology provider founded in 2005. It delivers software and cloud solutions that provide foundational technologies for application development and identity and access management (IAM). This represents an expansion upon its original focus on integrating application programming interfaces (APIs), applications, and web services locally and across the Internet.

SnapLogic is a commercial software company that provides integration platform as a service (iPaaS) tools for connecting cloud data sources, SaaS applications and on-premises business software applications. SnapLogic was founded in 2006, and its headquarters are in San Mateo, California. SnapLogic is headed by Ex-CEO and co-founder of Informatica Gaurav Dhillon, and is venture-backed by Andreessen Horowitz, Ignition Partners, Floodgate Fund, Brian McClendon, and Naval Ravikant.

Zuora is an American enterprise software company headquartered in Redwood City, California that creates and provides software for businesses to launch and manage their subscription-based services. Zuora's applications are designed to automate recurring billing, collections, quoting, revenue recognition, and subscription metrics. Tien Tzuo, a co-founder of the company, has served as its CEO since 2007.

<span class="mw-page-title-main">Domo, Inc.</span> American computer software company

Domo, Inc. is an American cloud software company based in American Fork, Utah, United States. It specializes in business intelligence tools and data visualization.

<span class="mw-page-title-main">SendGrid</span> Email delivery service

SendGrid is a Denver, Colorado-based customer communication platform for transactional and marketing email. The company was founded by Isaac Saldana, Jose Lopez, and Tim Jenkins in 2009, and incubated through the Techstars accelerator program. As of 2017, SendGrid has raised over $81 million and has offices in Denver, Colorado; Boulder, Colorado; Irvine, California; Redwood City, California; and London.

Cloud-based integration is a form of systems integration business delivered as a cloud computing service that addresses data, process, service-oriented architecture (SOA) and application integration.

CloudBees is an enterprise software delivery company. Sacha Labourey and Francois Dechery co-founded the company in early 2010, and investors include Matrix Partners, Lightspeed Venture Partners, HSBC, Verizon Ventures, Golub Capital, Goldman Sachs, Morgan Stanley, and Bridgepoint Group.

BetterCloud, an independent software vendor based in New York, NY and with engineering offices in Atlanta, GA, builds unified SaaS management software. A venture-backed startup, BetterCloud has raised $187 million in total funding, with the most recent round was led by Warburg Pincus with series F funding with $75 million raised to date. A previous round of funding was done in April 2018 which was led by Bain Capital Ventures. In December 2016, BetterCloud completed pivot from G Suite to general SaaS management.

Cloud Elements is a cloud API integration platform that enables developers to publish, integrate, aggregate and manage all of their APIs through a unified platform. Using Cloud Elements, developers can quickly connect entire categories of cloud services using uniform APIs or simply synchronize data between multiple cloud services using its innovative integration toolkit.

Samanage, an enterprise service-desk and IT asset-management provider, has its headquarters in Cary, North Carolina. The company's flagship product, Samanage, operates as a multi-tenant, Software-as-a-Service (SaaS) system for IT and enterprise service management. As of November 2018, Samanage had more than 1,800 customers in 50+ countries.

Sapphire Ventures is a venture capital firm with offices in Menlo Park, San Francisco, Austin, and London. The firm is considered one of the world's premier venture capital firms.

"X as a service" is a phrasal template for any business model in which a product use is offered as a subscription-based service rather than as an artifact owned and maintained by the customer. Originating from the software as a service concept that appeared in the 2010s with the advent of cloud computing, the template has expanded to numerous offerings in the field of information technology and beyond it. The term XaaS can mean "anything as a service".

<span class="mw-page-title-main">Boomi, LP</span> American software company

Boomi is a software company that specializes in integration platform as a service (iPaaS), API management, master data management and data preparation. Boomi was founded in Berwyn, Pennsylvania, and first launched its services in 2007.

Monday.com is a cloud-based platform that allows users to create their own applications and project management software. The product was launched in 2014 and in July 2019, the company raised $150 million, based on a $1.9 billion valuation. The company went public in June 2021 and is based in Tel Aviv, Israel.

References

  1. "US SEC: Form 10-K MuleSoft, Inc". U.S. Securities and Exchange Commission. Archived from the original on March 9, 2018. Retrieved March 8, 2018.
  2. Moore, Madison (5 November 2015). "MuleSoft releases new tool to RAML community". Archived from the original on 7 November 2015. Retrieved 5 November 2015.
  3. "More SaaS Integration from MuleSoft - CloudAve". 14 May 2012. Archived from the original on 27 May 2016. 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. ""Salesforce Just Bought MuleSoft, an IT Company That Went Public Last Year"". Archived from the original on 2019-06-02. Retrieved 2018-09-07.
  6. "MuleSoft About". Archived from the original on 8 April 2020. Retrieved 27 January 2020.
  7. "MuleSoft blends middleware, devops and PaaS for API integration approach". Archived from the original on 9 March 2016. Retrieved 29 July 2016.
  8. "What is MuleSoft? - Definition from WhatIs.com". SearchCloudComputing. Archived from the original on 2018-09-07. Retrieved 2018-09-06.
  9. "MuleSoft rakes in $37 million and launches its Anypoint Platform to connect any and all enterprise APIs and datasets". 3 April 2013. Archived from the original on 17 August 2016. Retrieved 29 July 2016.
  10. Wauters, Robin (23 April 2013). "ProgrammableWeb – the destination for all things API – gets bought again, this time by MuleSoft". The Next Web. Archived from the original on 10 March 2016. Retrieved 26 May 2017.
  11. Williams, Alex (23 April 2013). "MuleSoft Buys Programmable Web From Alcatel-Lucent, Marking The Telco's Departure From A Core API Community". TechCrunch. Archived from the original on 5 July 2017. Retrieved 26 May 2017.
  12. "Forbes Cloud 100". Forbes . Archived from the original on 10 September 2016. Retrieved 8 November 2016.
  13. Roof, Katie (17 February 2017). "App platform company MuleSoft files for IPO". TechCrunch. Archived from the original on 15 March 2017. Retrieved 18 February 2017.
  14. Taylor, Anita; Balakrishnan, Harriet (17 March 2017). "Mulesoft IPO beats Snap in first-day trading". CNBC. Archived from the original on 21 May 2017. Retrieved 26 May 2017.
  15. "Salesforce Buys MuleSoft for $6.5 Billion in Expansion Quest". Bloomberg. 21 March 2018. Archived from the original on 21 March 2018. Retrieved 21 March 2018.
  16. "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. Archived from the original on 7 March 2019. Retrieved 6 March 2019.
  17. "Salesforce completes acquisition of MuleSoft". www.channelworld.in. Archived from the original on 2018-07-12. Retrieved 2018-05-25.
  18. "What is MuleSoft? - Definition from WhatIs.com". SearchCloudComputing. Archived from the original on 2018-09-07. Retrieved 2018-09-06.
  19. "Eliminating Point-To-Point Integration Pain with Mule ESB - Use Cases". MuleSoft. Archived from the original on 6 July 2017. Retrieved 26 May 2017.
  20. "About page". MuleSoft. Archived from the original on 2019-05-22. Retrieved 2019-08-06.