Bellevue (Washington) [US]/ Pune (Maharashtra) [India], November 1 (ANI/PRNewswire): Icertis, the contract intelligence company that pushes the boundaries of what's possible with Contract Lifecycle Management (CLM), announced it has secured USD 150 million in funding comprised of a revolving credit facility and convertible financing from Silicon Valley Bank. The funds will enable Icertis to further extend the company's leadership position in the burgeoning CLM category by accelerating the application of transformational technologies like artificial intelligence, machine learning, and Blockchain to deliver material, unique, and consequential value to customers. The Icertis Contract Intelligence platform helps companies structure critical commercial, legal, and operational data within contracts and connect that data to surrounding procurement, ERP, HCM, and CRM systems, enabling many of the world's largest enterprises to accelerate revenue, reduce costs, better manage risk, a
San Jose (California) [US], October 4 (ANI/PRNewswire): Automation Anywhere, Inc., a global leader in Robotic Process Automation (RPA), announced today that it is has secured USD 200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc. (NYSE: HTGC). The financing is intended to provide operational and strategic capital for the next several years. "We continue to be optimistic about the near-term opportunities for Automation Anywhere, as more companies scale automation and use the flexibility of our cloud platform to mitigate the impact of global events and navigate market challenges," said Mihir Shukla, CEO and co-Founder, Automation Anywhere. "The financing enables us to expand on our mission to unleash human potential by helping every company build a digital workforce and succeed with automation." Recent research from Automation Anywhere reveals that automation budgets are dramatically increasing, with more than 77 per cent of org
SAN JOSE, Calif., Oct. 3, 2022 /PRNewswire/ Automation Anywhere, Inc. ,a global leader in Robotic Process Automation (RPA), announced today that it is has secured $200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc. (NYSE: HTGC). The financing is intended to provide operational and strategic capital for the next several years. "We continue to be optimistic about the near-term opportunities for Automation Anywhere, as more companies scale automation and use the flexibility of our cloud platform to mitigate the impact of global events and navigate market challenges," said Mihir Shukla, CEO and co-Founder, Automation Anywhere. "The financing enables us to expand on our mission to unleash human potential by helping every company build a digital workforce and succeed with automation." Recent research from Automation Anywhere reveals that automation budgets are dramatically increasing, with more than 77 percent of organizations ind