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TMCNet:  Automation Anywhere Announces Strategic Investment from Workday Ventures

[February 07, 2019]

Automation Anywhere Announces Strategic Investment from Workday Ventures

SAN JOSE, Calif., Feb. 7, 2019 /PRNewswire/ -- Automation Anywhere®, a global leader in Robotic Process Automation (RPA), announced that it has received a strategic investment from Workday Ventures, solidifying a partnership that will help connect Workday customers to Automation Anywhere's world-leading, intelligent RPA platform. In addition to the investment, Automation Anywhere has joined the Workday Software Partner Program.

(PRNewsfoto/Automation Anywhere)

Automation Anywhere pioneered RPA and its Intelligent Digital Workforce Platform, which leverages unique cognitive automation and analytic capabilities to drive increased productivity and business process accuracy.

"As a global leader in RPA, we are redefining the future of work," said Clyde Hosein, chief financial officer, Automation Anywhere. "The investment from Workday Ventures and our partnership with Workday cements our ability to help more organizations accelerate their digital transformations through the automation of repeatable work tasks, liberating employees to spend more time innovating."

"RPA is becoming a bigger focus for our customers, which is why it's important for us to partner closely with Automation Anywhere, a market leader," said Mark Peek, managing director and co-head, Workday Ventures. "Together, we will help our customers successfully transition to a world where automation will help take on repetitive tasks so employees can focus on the strategic initiatives that help drive their businesses forward."

In November 2018, Automation Anywhere < rel="nofollow" target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=2366869-1&h=1424139019&u=https%3A%2F%2Fwww.automationanywhere.com%2Fcompany%2Fpress-room%2Fautomation-anywhere-announces-%24300-million-investment-from-the-softbank-vision-fund&a=announced" rel="nofollow">announced it had raised $300 million from the SoftBank Vision Fund, expanding the company's Series A financing round to over $550 million.  Automation Anywhere offers a complete suite of products capable of automating business processes faster with reduced operational costs.

Interact with Automation Anywhere:

About Automation Anywhere
Automation Anywhere is the leader in 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. It combines sophisticated RPA, AI and embedded analytic technologies. Over 1,400 organizations use this AI-enabled solution to manage and scale business processes faster, with near-zero error rates, while dramatically reducing operational costs. Automation Anywhere provides automation technology to leading financial services, insurance, healthcare, technology, manufacturing, telecom and logistics companies globally. For additional information, visit www.automationanywhere.com.

About Workday Ventures
Workday Ventures is the strategic investment arm of Workday, Inc., focused on accelerating the growth of emerging enterprise software companies that enhance the Workday customer experience and are complementary to Workday products and services. The $250 million fund was launched in February 2018 with investments in companies focused on areas such as machine learning, employee enablement, data and analytics, and robotic process automation.

 

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SOURCE Automation Anywhere


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