Workato flows in $200m in funding

Nov 11, 2021 • Fernando Moncada Rivera

The Salesforce, Workday and ServiceNow-backed software integration provider raised the sries E financing at a $5.7bn valuation.

Workato, the UK based software integration technology provider backed by enterprise software producers Salesforce, Workday and ServiceNow, secured $200m in series E funding yesterday at a $5.7bn valuation.

Technology investment firm Battery Ventures led the round, which included Insight Partners, Tiger Global Management, Altimeter Capital, Geodesic Capital and Redpoint Ventures. Its total funding now stands at over $420m.

Founded in 2012, Workato integrates software for business customers and provides automation for complex workflows. It said it will use the proceeds…

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.

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