MuleSoft
{{Short description|American software company}}
{{Infobox company
| name = MuleSoft, LLC.
| former_name = {{ubl | Azechi, Inc. | ({{start date|2006|04}} – {{end date|2006|07}}) | MuleSource, LLC. | ({{start date|2006|07}} – {{end date|2009|08}})}}
| logo = MuleSoft logo.svg
| type = Subsidiary
| industry = {{ubl | Computer software | SaaS | Open-source software}}
| foundation = {{start date and age|2007}}
| founders = {{ubl | Ross Mason | Dave Rosenberg}}
| location = San Francisco, California, U.S.
| key_people = {{ubl | Brent Hayward|{{small|(CEO)}}}}
| products = {{ubl | Anypoint Platform | Mule runtime engine}}
| revenue = {{nowrap|{{increase}} US$ 296.46 million {{small|(2017)}}}}
| operating_income = {{nowrap|{{decrease}} US$ -79.80 million {{small|(2017)}}}}
| net_income = {{nowrap|{{decrease}} US$ -79.98 million {{small|(2017)}}}}
| assets = {{nowrap|{{increase}} US$ 492.60 million {{small|(2017)}}}}
| equity = {{nowrap|{{increase}} US$ 232.95 million {{small|(2017)}}}}
| num_employees = {{nowrap|1,188 {{small|(2017)}}}}
| parent = Salesforce
| homepage = {{url|http://mulesoft.com|MuleSoft.com}}
| footnotes = {{cite web|url=https://www.sec.gov/Archives/edgar/data/1374684/000137468418000006/mule10-k12312017.htm|title=US SEC: Form 10-K MuleSoft, Inc.|publisher=U.S. Securities and Exchange Commission|accessdate=March 8, 2018|archive-date=March 9, 2018|archive-url=https://web.archive.org/web/20180309182722/https://www.sec.gov/Archives/edgar/data/1374684/000137468418000006/mule10-k12312017.htm|url-status=live}}
}}
MuleSoft, LLC. is a software company headquartered in San Francisco, California, that provides integration software for connecting applications, data and devices,{{cite web|url=http://sdtimes.com/mulesoft-releases-new-tool-to-raml-community/|title=MuleSoft releases new tool to RAML community|first=Madison|last=Moore|date=5 November 2015|publisher=|accessdate=5 November 2015|archive-date=7 November 2015|archive-url=https://web.archive.org/web/20151107053843/http://sdtimes.com/mulesoft-releases-new-tool-to-raml-community/|url-status=live}} founded in 2006. The company's Anypoint Platform of integration products is designed to integrate software as a service (SaaS), on-premises software, legacy systems and other platforms.{{cite web|url=http://www.cloudave.com/19621/more-saas-integration-from-mulesoft/|title=More SaaS Integration from MuleSoft - CloudAve|date=14 May 2012|publisher=|accessdate=29 July 2016|archive-date=27 May 2016|archive-url=https://web.archive.org/web/20160527084057/https://www.cloudave.com/19621/more-saas-integration-from-mulesoft/|url-status=dead}}[http://www.dreamsimplicity.com/saas-blog/mulesoft-enters-the-cloud-integration-race-with-the-launch-of-mule-ion-saas-edition.html MuleSoft Enters The Cloud Integration Race With The Launch of Mule iON SaaS Edition] {{webarchive|url=https://archive.today/20130121154824/http://www.dreamsimplicity.com/saas-blog/mulesoft-enters-the-cloud-integration-race-with-the-launch-of-mule-ion-saas-edition.html |date=2013-01-21 }}
In 2018, Mulesoft was acquired by Salesforce for $6.5 billion in a cash-and-stock deal.{{Cite web |url=http://fortune.com/2018/03/20/salesforce-mulesoft-acquisition-deal/ |title="Salesforce Just Bought MuleSoft, an IT Company That Went Public Last Year" |access-date=2018-09-07 |archive-date=2019-06-02 |archive-url=https://web.archive.org/web/20190602171621/http://fortune.com/2018/03/20/salesforce-mulesoft-acquisition-deal/ |url-status=live }}
History
MuleSource, as the company was originally called, was founded by Ross Mason and Dave Rosenberg in 2006. The company was built around the successful Open Source Software (OSS) project, Mule, which Ross Mason founded in 2003. The "mule" in the name comes from the drudgery, or "donkey work," of data and application integration that the platform was created to escape.{{cite web |title=MuleSoft About |url=https://www.mulesoft.com/about |accessdate=27 January 2020 |archive-date=8 April 2020 |archive-url=https://web.archive.org/web/20200408054253/https://www.mulesoft.com/about |url-status=live }}
The company changed its name to MuleSoft in 2009. MuleSoft originally provided middleware and messaging, and later expanded to provide an integration platform as a service (iPaaS) approach for companies through its main product, Anypoint Platform.{{cite web|url=https://www.451research.com/report-short?entityId=72350|title=MuleSoft blends middleware, devops and PaaS for API integration approach|publisher=|accessdate=29 July 2016|archive-date=9 March 2016|archive-url=https://web.archive.org/web/20160309034255/https://451research.com/report-short?entityId=72350|url-status=live}}{{Cite news|url=https://searchcloudcomputing.techtarget.com/definition/MuleSoft|title=What is MuleSoft? - Definition from WhatIs.com|work=SearchCloudComputing|access-date=2018-09-06|language=en-US|archive-date=2018-09-07|archive-url=https://web.archive.org/web/20180907032454/https://searchcloudcomputing.techtarget.com/definition/MuleSoft|url-status=live}}
In April 2013, the company announced $37 million in Series E financing in a round led by New Enterprise Associates, with participation from new strategic investor Salesforce.com, and existing investors Hummer Winblad Venture Partners, Morgenthaler Ventures, Lightspeed Venture Partners, Meritech Capital Partners, Sapphire Ventures (formerly SAP Ventures) and Bay Partners. This brought MuleSoft's total financing, over the course of seven rounds, to $259 million.{{cite web|url= https://pando.com/2013/04/03/mulesoft-rakes-in-37-million-and-launches-its-anypoint-platform-to-connect-any-and-all-enterprise-apis-and-datasets/|title= MuleSoft rakes in $37 million and launches its Anypoint Platform to connect any and all enterprise APIs and datasets|date= 3 April 2013|publisher= |accessdate= 29 July 2016|archive-date= 17 August 2016|archive-url= https://web.archive.org/web/20160817091958/https://pando.com/2013/04/03/mulesoft-rakes-in-37-million-and-launches-its-anypoint-platform-to-connect-any-and-all-enterprise-apis-and-datasets/|url-status= dead}}
In April 2013, MuleSoft acquired ProgrammableWeb, a website used by developers to help build web, mobile and other connected applications through APIs.{{cite web
|url= https://thenextweb.com/insider/2013/04/23/programmableweb-the-destination-for-all-things-api-gets-acquired-again-this-time-by-mulesoft/#.tnw_LkcmKVNQ
|title= ProgrammableWeb – the destination for all things API – gets bought again, this time by MuleSoft
|first= Robin
|last= Wauters
|date= 23 April 2013
|publisher= The Next Web
|accessdate= 26 May 2017
|archive-date= 10 March 2016
|archive-url= https://web.archive.org/web/20160310080815/http://thenextweb.com/insider/2013/04/23/programmableweb-the-destination-for-all-things-api-gets-acquired-again-this-time-by-mulesoft/#.tnw_LkcmKVNQ
|url-status= live
|url= https://techcrunch.com/2013/04/23/mulesoft-buys-programmable-web-from-alcatel-lucent-marking-the-telcos-departure-from-a-core-api-community/
|title= MuleSoft Buys Programmable Web From Alcatel-Lucent, Marking The Telco's Departure From A Core API Community
|first= Alex
|last= Williams
|date= 23 April 2013
|publisher= TechCrunch
|accessdate= 26 May 2017
|archive-date= 5 July 2017
|archive-url= https://web.archive.org/web/20170705170202/https://techcrunch.com/2013/04/23/mulesoft-buys-programmable-web-from-alcatel-lucent-marking-the-telcos-departure-from-a-core-api-community/
|url-status= live
}}
In February 2017, the company filed for an IPO,{{Cite news|url=https://techcrunch.com/2017/02/17/app-platform-company-mulesoft-files-for-ipo/|title=App platform company MuleSoft files for IPO|date=17 February 2017|last=Roof|first=Katie|publisher=TechCrunch|access-date=18 February 2017|archive-date=15 March 2017|archive-url=https://web.archive.org/web/20170315170740/https://techcrunch.com/2017/02/17/app-platform-company-mulesoft-files-for-ipo/|url-status=live}} and began trading on the New York Stock Exchange on March 17, 2017.{{Cite web|url=https://www.cnbc.com/2017/03/17/mulesoft-soars-44-at-ipo.html|title=Mulesoft IPO beats Snap in first-day trading|first1=Anita|last2=Balakrishnan|first2=Harriet|last1=Taylor|publisher=CNBC|date=17 March 2017|accessdate=26 May 2017|archive-date=21 May 2017|archive-url=https://web.archive.org/web/20170521012541/http://www.cnbc.com/2017/03/17/mulesoft-soars-44-at-ipo.html|url-status=live}}
In March 2018, Salesforce.com announced it was buying MuleSoft in a deal reported to be worth $6.5 billion;{{Cite news|url=https://www.bloomberg.com/news/articles/2018-03-20/salesforce-agrees-to-buy-mulesoft-for-about-6-5-billion|title=Salesforce Buys MuleSoft for $6.5 Billion in Expansion Quest|publisher=Bloomberg|date=21 March 2018|accessdate=21 March 2018|archive-date=21 March 2018|archive-url=https://web.archive.org/web/20180321001040/https://www.bloomberg.com/news/articles/2018-03-20/salesforce-agrees-to-buy-mulesoft-for-about-6-5-billion|url-status=live}}{{Cite news|url=https://www.cnbc.com/2018/03/21/venture-firm-nea-held-mulesoft-after-ipo-profited-in-salesforce-deal.html|title=In a rare move, venture firm NEA made the hugely profitable call to hold its MuleSoft shares after IPO lockup|publisher=cnbc.com|date=21 March 2018|accessdate=6 March 2019|archive-date=7 March 2019|archive-url=https://web.archive.org/web/20190307173914/https://www.cnbc.com/2018/03/21/venture-firm-nea-held-mulesoft-after-ipo-profited-in-salesforce-deal.html|url-status=live}} the acquisition was completed in May of that year.{{Cite web|url=http://www.channelworld.in/media-releases/salesforce-completes-acquisition-mulesoft|title=Salesforce completes acquisition of MuleSoft|website=www.channelworld.in|language=en|access-date=2018-05-25|archive-date=2018-07-12|archive-url=https://web.archive.org/web/20180712003623/http://www.channelworld.in/media-releases/salesforce-completes-acquisition-mulesoft|url-status=dead}}
Products
MuleSoft's Anypoint Platform includes Anypoint Design Center, which allows API developers to design and build APIs; Anypoint Exchange, a library for API providers to share APIs, templates, and assets; and Anypoint Management Center, a centralized web interface to analyze, manage, and monitor APIs and integrations.{{Cite news|url=https://searchcloudcomputing.techtarget.com/definition/MuleSoft|title=What is MuleSoft? - Definition from WhatIs.com|work=SearchCloudComputing|access-date=2018-09-06|language=en-US|archive-date=2018-09-07|archive-url=https://web.archive.org/web/20180907032454/https://searchcloudcomputing.techtarget.com/definition/MuleSoft|url-status=live}} MuleSoft also offers the Mule runtime engine for connecting enterprise applications on-premises and to the cloud, designed to eliminate the need for custom point-to-point integration code.{{Technical inline|date=October 2023}}{{cite web|url=https://www.mulesoft.com/resources/esb/eliminating-point-point-integration-pain-mule-esb-use-cases|title=Eliminating Point-To-Point Integration Pain with Mule ESB - Use Cases|publisher=MuleSoft|accessdate=26 May 2017|archive-date=6 July 2017|archive-url=https://web.archive.org/web/20170706054424/https://www.mulesoft.com/resources/esb/eliminating-point-point-integration-pain-mule-esb-use-cases|url-status=live}}
Operations
As of August 2019, MuleSoft had more than 1,400 employees and more than 1,600 customers.{{Cite web|url=https://www.mulesoft.com/about|title=About page|website=MuleSoft|language=en|access-date=2019-08-06|archive-date=2019-05-22|archive-url=https://web.archive.org/web/20190522175716/https://www.mulesoft.com/about|url-status=live}}
References
{{reflist|30em}}
External links
- {{Official website}}
Category:Development software companies
Category:Extract, transform, load tools
Category:2006 establishments in California
Category:Software companies established in 2006
Category:American companies established in 2006
Category:Enterprise application integration
Category:Software companies based in the San Francisco Bay Area
Category:Cloud computing providers
Category:Companies based in San Francisco
Category:2017 initial public offerings
Category:Companies formerly listed on the New York Stock Exchange