Mulesoft Raises $37 Million From NEA, Salesforce, Hummer Winblad, Morgenthaler, Lightspeed, SAP, and Bay Partners
MuleSoft is a startup that can connect SaaS and enterprise applications to the cloud. The company has raised $37 million led by New Enterprise Associates. Salesforce.com, Hummer Winblad Venture Partners, Morgenthaler Ventures, Lightspeed Venture Partners, SAP Ventures, and Bay Partners also participated in this round. Mulesoft has raised a total of $81 million.
MuleSoft new platform enables complete integration to enable any application, data service, or API connect to the cloud. MuleSoft offers customers Tcat Server, an application server that makes it easy for Tomcat developers simplify application management. Another MuleSoft service is Mule ESB, which is an open source enterprise service bus that can create and integrate application services.
“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,” stated MuleSoft president and CEO Greg Schott. “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 is continuing to grow. The company’s bookings have increased 171% year-over-year. MuleSoft will be using the funding for acquisitions and hiring additional talent. Down the line, MuleSoft will likely go public in the next 12-18 months.