MuleSoft Gets $128 Million New Financing

Date 2015/5/19 8:33:10 | Topic: Company News

MuleSoft, the company that makes it easy to connect applications, data and devices, today announced $128 million in funding led by Salesforce Ventures, Salesforce's global corporate investment group. This round includes participation from new strategic investor ServiceNow, as well as Cisco Investments, an existing strategic investor.
The latest round brings MuleSoft's total financing raised to $259 million, further cementing MuleSoft's industry leadership and positioning the company for accelerated growth in 2015 and beyond. Building on MuleSoft's partnerships with Salesforce, Cisco and ServiceNow, the funding will help accelerate MuleSoft's technology platform innovation, fuel its international expansion and extend its reach to serve global enterprise customers.

MuleSoft's mission is to connect the world's applications, data and devices. APIs are driving a new digital economy that makes this connected era possible. As every company makes a shift toward becoming a digital business, the impact of APIs is now far broader and deeper, and relevant to every industry. APIs have become critical to how companies connect in new ways with employees, partners, customers and devices. In this new economy, companies can easily share and access internal and external data, unlock potential new revenue streams, and leverage the trends of cloud, mobile, big data and the Internet of Things.

Founded in 2006, MuleSoft has emerged as one of the fastest-growing companies in enterprise software by providing an integration platform that connects any application, API or data source. Fiscal year 2014 was the most successful year in company history, with its annual run rate of total bookings surpassing $100 million, a record number of new customers, and a near-doubling of the number of employees across 10 offices worldwide. The company currently has more than 500 employees worldwide and has been recognized as one of the Best Small and Medium-Sized Companies to Work For in 2015 in the Glassdoor Employees' Choice Awards.

MuleSoft is poised for another year of exceptional growth, driven by increasing adoption of its flagship Anypoint Platform™ by many of the world's largest organizations. In Q1 2015, the company reported record results with 110 percent new subscription bookings growth year-over-year. With more than 700 enterprise customers, MuleSoft counts the following among its customer base: two of the top five global retailers, three of the top seven global banks, and two of the top five global insurance companies.

This article comes from Software Development Tools

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