The gap between the first echelon has gradually narrowed.
Learn , Automation Anywhere announced on November 21st, US time, completed a $290 million Series B round of financing, with a post-mortem valuation of $6.8 billion. This round of financing was led by Salesforce, and the old shareholders Softbank and Goldman Sachs followed suit.
This round of financing will be used to accelerate the automation of end-to-end business processes and further connect front- and back-office services based on the AI intelligent automation platform. In addition, this round of financing will be used to enhance the ability of robots and human employees to collaborate and further improve the user experience and improve employee efficiency.
AA’s last round of financing was a $550 million Series A round of financing in November 2018, led by Softbank Vision, US Transatlantic Investment, Goldman Sachs, NEA, World Innovation Lab and Workday Ventures With the vote. After the A round of financing, the AA with sufficient ammunition further improved the product system and accelerated the market landing speed. According to previous interviews with AA, AA currently serves more than 3,500 business entities with more than 90 customers. Countries have a number of head customers in the medical, communications, finance, manufacturing, and communications industries.
It is worth noting that after the current round of financing, the AA has reached a valuation of 6.8 billion US dollars, which has narrowed the distance from UiPath to 7 billion US dollars, which means that the competition of the first ERP team is more intense. In the past year, the pattern of the global RPA industry has become clearer. In addition to continuing to work on financing, each company has placed more emphasis on product technology and ecological construction. Intensive farming has become the key to this year.
This year, AA has also made major innovations in its products. The next-generation RPA platform “Enterprise A2019” launched by AA in October this year, based on the web version and cloud native development, is a milestone in its product development. In the past, RPA products were mainly for enterprises, and mainstream product delivery methods were mainly local deployment. Now, the delivery and operation and maintenance of products are based on cloud, and enterprises can perform local/cloud hybrid deployment according to requirements. . This means that RPA products go from the traditional project system, stand-alone deployment, to the “RPA as a service” (RPA-as-a-SeRvice) stage.
In addition, this year, the giants are gradually entering the RPA industry through self-developed products or cooperation, and the business development path is becoming more diversified. Both Microsoft and SAP released RPA-related products and strategies this year, and this AA and investment team Salesforce also has deep cooperation with AA. AA released its Automation Anywhere Salesforce Connector on Salesforce’s cloud application market AppExchange. With the preset robots in the platform, AA can directly serve Salesforce users.