Automation Anywhere

Automation Anywhere is an American global software company that develops robotic process automation (RPA) software.[1]

Automation Anywhere
TypePrivate
IndustrySoftware
Founded2003 (2003)
FounderMihir Shukla, Neeti Mehta Shukla, Ankur Kothari, Rushabh Parmani
HeadquartersSan Jose, California, U.S.
Number of locations
15 offices
Area served
Worldwide
Key people
  • Mihir Shukla (CEO)
ProductsRPA tools
Automation tools
Number of employees
2,200+
Websitewww.automationanywhere.com

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 more than 2,800 current customers in 90+ countries. Customers cited in 2020 included Accenture, Boston Scientific, Cisco, Cognizant, Comcast, Dell EMC, Deloitte, Hitachi, IBM, Juniper Networks, LinkedIn, MasterCard, PricewaterhouseCoopers, Quest Diagnostics, Siemens, Stanley Black & Decker, Teleperformance, Symantec, Tesco, Unilever, Volkswagen, Whirlpool, and the World Bank,[4] as well as the World Health Organization.[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.[8] 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.[9][10] In late 2019, a Series B round, led by Salesforce Ventures, raised $290 million.[11]

In 2019, the company acquired Klevops, a privately owned company based in Paris that works in the finance, banking and telecommunications industries.[12]

In 2021, Automation Anywhere reported a total of 2.8 million bots deployed since it began.

In December 2021, Automation Anywhere announced it intends to acquire process discovery startup FortressIQ.[13]

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. Retrieved May 19, 2020
  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. Khan, Tuba. (April 9, 2020) Automation Anywhere Launches New RPA Solutions to Respond toGlobal COVID-19 Pandemic PharmaShots. Retrieved May 26, 2020
  6. (March 30, 2020) Automation Anywhere Press Release Boilerplate: “Automation Anywhere Recognized with 5-Star Rating in 2020 CRN Partner Program Guide”
  7. (September 5, 2018) Automation Anywhere Now Supports the Four Major Cloud Providers Smart Customer Service. Retrieved May 26, 2020
  8. 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
  9. Wiggers, Kyle (July 2, 2018). ”Automation Anywhere Raises $250 Million to Make Business Processes Self-Running.” VentureBeat. Retrieved May 19, 2020.
  10. Wiggers, Kyle (November 15, 2018). “Automation Anywhere Raises $300 Million from SoftBank’s Vision Fund.” VentureBeat. Retrieved May 19, 2020
  11. Von Rombourgh, Marlize. (November 21, 2019) ”S an Jose automation unicorn catapults to $6.8B valuation with Salesforce-led funding”, Silicon Valley Business Journal. Retrieved May 19, 2020.
  12. CIO New Zealand (August 7, 2019) “Automation Anywhere Acquires Klevops” CIO.com. Retrieved May 28, 2020
  13. Miller, Ron. "Automation Anywhere expands into process discovery with FortressIQ acquisition". TechCrunch. TechCrunch. Retrieved December 26, 2021.
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