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 company was built around the successful Open Source Software (OSS) project, Mule, which Ross Mason founded in 2003. The "mule" in the name comes from the drudgery, or "donkey work," of data and application 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 February 2017, the company filed for an IPO, [12] and began trading on the New York Stock Exchange on March 17, 2017. [13]

In March 2018, Salesforce.com announced it was buying MuleSoft in a deal reported to be worth $6.5 billion; [14] [15] the acquisition was completed in May of that year. [16]

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. [17] 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 ] [18]

Operations

As of August 2019, MuleSoft had more than 1,400 employees and more than 1,600 customers. [19]

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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. 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.
  13. 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.
  14. "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.
  15. "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.
  16. "Salesforce completes acquisition of MuleSoft". www.channelworld.in. Archived from the original on 2018-07-12. Retrieved 2018-05-25.
  17. "What is MuleSoft? - Definition from WhatIs.com". SearchCloudComputing. Archived from the original on 2018-09-07. Retrieved 2018-09-06.
  18. "Eliminating Point-To-Point Integration Pain with Mule ESB - Use Cases". MuleSoft. Archived from the original on 6 July 2017. Retrieved 26 May 2017.
  19. "About page". MuleSoft. Archived from the original on 2019-05-22. Retrieved 2019-08-06.