ServiceNow joined existing backer Workday Ventures in a $25m round for Workato, whose earlier investors also include Salesforce Ventures.
US-based integration software developer Workato closed a $25m series B round on Wednesday that included cloud software provide ServiceNow and Workday Ventures, the investment arm of enterprise software producer Workday.
Venture capital firms Battery Ventures and Storm Ventures also contributed to the round, which increased the company’s overall funding to $41m.
Founded in 2013, Workato has developed a cloud-based software platform that automates the integration of enterprise applications and business processes such as employee onboarding as well as artificial intelligence-powered…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
