Automation Anywhere raises $290 million in 2nd round funding

Automation Anywhere 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.

Last year, the company raised $550 million through its Series A investment from SoftBank Investment Advisers, General Atlantic, Goldman Sachs, NEA, World Innovation Lab, and Workday Ventures.

“This new funding reinforces the promise of the RPA category and empowers our customers to achieve greater business agility and increased efficiencies by automating end-to-end business processes – bridging the gap between the front and back office,” said Mihir Shukla, CEO and co-founder of Automation Anywhere.

The company launched its Automation Anywhere Salesforce Connector on Salesforce AppExchange, bringing its intelligent automation platform to Salesforce global users through pre-built software bots.

This will, for example, empower a customer service agent to get help from an attended RPA bot during a live customer call, improving both the agent’s productivity and the customer experience.

“Automation Anywhere makes it easier for Salesforce customers to automate repetitive, manual tasks and focus on what matters most—the customer,” said Bill Patterson, EVP and general manager of Salesforce Service Cloud.