The coronavirus pandemic could 'accelerate' UiPath's plans to go public. Here's why the buzzy automation firm's CEO thinks it 'will have one of the biggest IPOs of 2021.' Before an IPO, Dines Automation Anywhere, the robotic process automation (RPA) software company, may look at a public listing as one way to raise more capital to fund growth. Mihir Shukla, co-founder and chief executive, said while it was generating decent enough money to support expansion for now, it would evaluate options. Microsoft in talks to acquire Softomotive, a robot process automation firm Softomotive competes with the likes of Automation Anywhere Inc. and UiPath, which was recently valued at $7 billion and has IPO plans. The company is now speeding up its plans for an initial public offering in the U.S. in light of Covid-19. UiPath’s main competitors are privately-held Automation Anywhere Inc. and publicly Automation Anywhere is a global leader in Robotic Process Automation, offering cloud-native, web-based, intelligent automation solutions to the world's largest enterprises. Automation Anywhere’s customers include more than 85 per cent of the world’s top banks and financial services companies and 90 per cent of the world’s top healthcare companies. The company expects to deliver three million bots by next year, it said. The company has more than 2,800 customers globally and nearly 50 of them are based in the UAE. Automation Anywhere, Inc., a global leader in Robotic Process Automation (RPA), announced that it has deployed over 2.6 million bots worldwide fueled by customer demand for automation to maintain Press Release Automation-as-a-Service Market Next Big Thing | Major Giants HPE, Automation Anywhere, IBM Published: Jan. 2, 2021 at 3:04 a.m. ET Automation Anywhere, the leader in Robotic Process Automation (RPA), today announced it has completed its Series A financing round of $250 million led by New Enterprise Associates (NEA) and Goldman Sachs Growth Equity with participation from General Atlantic and World Innovation Lab (WiL).As one of the largest Series A rounds on record for an enterprise software company, this brings Automation Automation Anywhere was founded in 2003 by Mihir Shukla, Ankur Kothari, Neeti Mehta, and Rushabh Parmani. In a November 2019 interview with The National, CRO Ankur Kothari noted that the company is actively “…placing a robust governance structure to ensure we are ready to go public anytime.”
[index] [7836] [2648] [3623] [6942] [882] [7042] [4055] [9073] [5680] [3872]
Copyright © 2024 hot.casinox603.site