MuleSoft Raises $37 Million to Connect the New Enterprise

MuleSoft Raises $37 Million to Connect the New Enterprise 
NEA Leads Round, Fueling MuleSoft's Aggressive Plan to Transform the
Integration Market 
SAN FRANCISCO, CA -- (Marketwired) -- 04/03/13 --  MuleSoft, provider
of the world's most widely used integration platform, today announced
a $37 million investment led by NEA, bringing the company's total
financing to $81 million. Other investors include salesforce.com, as
well as returning investors Hummer Winblad Venture Partners,
Morgenthaler Ventures, Lightspeed Venture Partners, SAP Ventures and
Bay Partners. The funds will support MuleSoft's aggressive growth
plans across its SaaS and enterprise customer segments, further
global expansion, and drive category-defining technology innovations
for connecting the New Enterprise. The subject of a separate
announcement today, MuleSoft launched its Anypoint(TM) Platform, the
first and only complete integration platform to enable connectivity
to any application, data service or API, across the entire cloud and
on-premise continuum.  
The mega-trends of SaaS, mobile and Big Data are converging,
generating a new wave of business opportunity for enterprises.
Underpinning this movement is the rise of APIs, which leverage Web
standards to create a common language for the New Enterprise. This
convergence demands a new kind of platform -- one that connects the
explosion of endpoints and data generated by organizations each
choosing a diverse set of best-of-breed applications to power their
business. Companies that win by connecting their applications, data
and APIs define the New Enterprise. 
"The success of companies like salesforce.com and Workday shows the
profound economic advantage of the cloud-based approach, but the move
to the cloud creates a new set of challenges for enterprises," said
Scott Sandell, General Partner at NEA. "Companies that are enabling a
more seamless transition from on-premise to cloud are among the most
exciting investment opportunities right now, and MuleSoft is one of
the breakout leaders in this category." 
Founded on the idea that connecting applications should not be hard,
MuleSoft lets organizations harness the power of their applications
through integration, without the need for custom point-to-point code.
In the past year, MuleSoft experi
enced unprecedented customer growth
worldwide and increased bookings 171 percent year-over-year,
affirming the company's leadership position in the $500 billion
integration market. Building on this momentum, the growth round of
funding will allow MuleSoft to fuel aggressive expansion and broader
market reach. 
"Today's winning companies are reaching far beyond their four walls,
into the cloud and onto mobile devices, to deliver the most connected
products and most frictionless customer experience possible -- we
call this the New Enterprise," said Greg Schott, president and CEO of
MuleSoft. "The New Enterprise represents a once-in-a-generation shift
in the way businesses operate, and MuleSoft has created the
integration platform to make this vision possible. This round of
funding helps us further cement our position as the definitive leader
in the market." 
MuleSoft addresses all of the pains around connecting the New
Enterprise. At the core is MuleSoft's Anypoint(TM) technology, which
provides instant API connectivity to hundreds of on-premise and
cloud-based applications and systems. For companies anywhere along
the continuum -- from on-premise to the cloud -- MuleSoft eliminates
the pain of integration so companies can realize the full potential
of the New Enterprise.  
For more information:  


 
--  Read about what's new in the Anypoint Platform:
    www.mulesoft.com/unveils-next-generation-integration-platform-new-
enterprise.
--  Learn more about the New Enterprise:
    www.mulesoft.com/connecting-new-enterprise.
--  Join MuleSoft's growing team: www.mulesoft.com/careers.

  
About MuleSoft
 MuleSoft provides the most widely used integration
platform for connecting SaaS and enterprise applications in the cloud
and on-premise. With the rise of cloud and mobile, enterprises face a
choice: become overwhelmed by the resulting explosion of endpoints or
seize the opportunity to gain competitive advantage. Founded on the
idea that connecting applications should not be hard, MuleSoft helps
organizations harness the power of their applications through
integration. MuleSoft's Anypoint(TM) Platform eliminates costly,
time-intensive point-to-point integration and creates business
agility. Delivered as a packaged integration experience, MuleSoft's
products are built on proven open source technology for the fastest,
most reliable integration without vendor lock-in. Supporting billions
of transactions per day, MuleSoft is used in production by thousands
of enterprises, including Walmart, MasterCard, Nokia, Nestle and
Honeywell, and powers integrations with leading SaaS vendors such as
salesforce.com, NetSuite, Workday, Intuit and Box. 
For more information: www.MuleSoft.com
 Follow us on Twitter:
@MuleSoft 
Media Contact
Bhava Communications for MuleSoft
Melissa Czapiga
mulesoft@bhavacom.com
510-984-1525 
 
 
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