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Self-service data integration firm Workato raises $25M
Self-service data integration vendor Workato Inc. today said it has raised $25 million in new funding to grow its software-as-a-service platform.
The Series B round, its latest fundraising round since it raised $10 million in July 2017, included investments from Battery Ventures, Storm Ventures, ServiceNow Inc. and Workday Ventures.
Founded in 2013, Workata offers a platform for intelligent automations that facilitate enterprise integration, process automation and what they describe as a “citizen experience.”
The company assists businesses in moving forward by providing a single platform that information technology and business teams can use to integrate data across cloud and legacy apps, automate full business processes, deploy artificial intelligence and machine learning powered bots, and deliver integration and automation projects faster.
Workato is now used by more than 3,500 customers across 57 countries. Its platform uses machine learning and prebuilt integration “recipes” that plug into the nearly 60 sources ranging from Facebook Inc. to Salesforce.com Inc. customer relationship management, Atlassian Corp. PLC’s Confluence and Workday Inc.’s human capital management.
“We are enabling a new era of automation where, for the first time, employees are empowered to access critical information from across their cloud and legacy systems. Not only to streamline their business operations, but also to make them intelligent with AI and ML,” Vijay Tella, chief executive officer of Workato, said in a statement.
Including the new funding, Workato has raised $41 million to date. Notable among its previous investors is Salesforce Ventures, the venture capital arm of CRM giant Salesforce.
Image: Workato
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