Workato has raised $200 million in its Series E funding round to reach a $5.7 billion valuation, the intelligent automation platform announced on Wednesday.
The company aims to invest the funds raised in further developing its technology used in speeding up workflows in business and IT and predicts its revenue to continue its current rising path.
"It’s our plan to eventually go public, but there is no official timeline set. Right now we’re focused on making Workato the company you think of when you think of Integration and Automation," Workato CEO Vijay Tella told TechCrunch, emphasizing the company's belief that customers can benefit greatly from wall-to-wall integration.