Automation Anywhere reaches USD 1.8bn valuation

Automation Anywhere®, the provider of Robotic Process Automation (RPA), has announced it has completed its Series A financing round of USD 250 million led by New Enterprise Associates (NEA) and Goldman Sachs Growth Equity with participation from General Atlantic and World Innovation Lab (WiL), the company said .

As one of the largest Series A rounds on record for an enterprise software company, this brings Automation Anywhere´s post-money valuation to USD 1.8 billion. This sizable investment will help extend Automation Anywhere´s leadership in the rapidly expanding RPA market and accelerate its global customer engagements and product development.

RPA is a fast-evolving technology which uses software robots (bots) to automate business processes that have never been automated by traditional technology platforms. Today these processes are managed manually by hundreds of thousands of human workers. Automation Anywhere pioneered RPA and its Intelligent Digital Workforce Platform, which also combines cognitive automation and analytics, is driving productivity and business process accuracy with near-zero error rates.

Automation Anywhere is the provider of Robotic Process Automation (RPA), the platform on which more organizations build world-class Intelligent Digital Workforces. Automation Anywhere´s enterprise-grade platform uses software bots that work side by side with people to do much of the repetitive work in many industries. For additional information, visit www.automationanywhere.com.