Automation Anywhere, a San Jose, CA-based Robotic Process Automation (RPA), announced that it secured $200 million in financing.
The investment was from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc.
Automation Anywhere financing is intended to provide operational and strategic capital for the next several years.
“We continue to be optimistic about the near-term opportunities for Automation Anywhere, as more companies scale automation and use the flexibility of our cloud platform to mitigate the impact of global events and navigate market challenges,” said Mihir Shukla, CEO, and co-Founder, Automation Anywhere. “The financing enables us to expand on our mission to unleash human potential by helping every company build a digital workforce and succeed with automation.”
In 2022, Automation Anywhere cloud customers have run an estimated 50 million automation, with leading companies deploying thousands of bots across their organizations.
Company: Automation Anywhere, Inc.
Funding Month: October 2022
Lead Investors: Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc.
Company Website: https://www.automationanywhere.com/
Software Category: Robotic Process Automation (RPA)
About the Company: Automation Anywhere is a cloud automation platform delivering automation and process intelligence solutions across all industries globally to automate end-to-end business processes for the fastest path to enterprise transformation. The company offers a cloud-native platform combining RPA, artificial intelligence, machine learning, and analytics to automate repetitive tasks and build enterprise agility, freeing up humans to pivot to the next big idea, build deeper customer relationships, and drive business growth. Automation Anywhere is a mission-driven workplace dedicated to creating a better future for everyone.