Home CioAxis Automation Anywhere raises $290 million in Series B financing

Automation Anywhere raises $290 million in Series B financing

by CIO AXIS

Automation Anywhere, a provider of Robotic Process Automation (RPA), has announced that it has received $290 million in Series B funding at a post money valuation of $6.8 billion.

The funding was led by Salesforce Ventures with additional funding from existing investors, including SoftBank Investment Advisers and Goldman Sachs.

The new capital will help Automation Anywhere accelerate its vision to empower customers to automate end-to-end business processes – bridging the gap between the front and back office with an artificial intelligence (AI) powered intelligent automation platform. In addition, the funding will advance the company’s focus on improving human-to-bot collaboration through attended automation, resulting in enhanced customer experiences and increased employee productivity.

A year ago, Automation Anywhere announced its Series A investment of $550 million from SoftBank Investment Advisers, General Atlantic, Goldman Sachs, NEA, World Innovation Lab, and Workday Ventures. The latest funding from Salesforce Ventures and other investors is a testament to Automation Anywhere’s leadership in this sector.

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