Open Source Enterprise Company MuleSoft Raises $12 Million From SAP And Others

MuleSoft, a startup that develops open-source technology integration services, has raised $12 million in Series C funding from SAP Ventures with Bay Partners, Hummer Winblad Venture Partners, Morgenthaler Ventures, and Lightspeed Venture Partners also participating. This funding brings the startup’s total funding to nearly $30 million.

Founded in 2006, MuleSoft, provides software, support, and services for open-source technologies. The company offers Tcat Server, an application server that simplifies management, application provisioning, and diagnostics tasks for Tomcat developers and administrators; Mule ESB, an open source enterprise service bus, which enables to create and integrate application services; and Mule Data Integrator that simplifies data integration and transformation tasks.

The company’s products have seen over 1.5 million downloads and over 2,500 production deployments by clients such as, Nestlé, Honeywell and DHL, as well as 5 of the world’s top 10 banks. Mulesoft faces competition from SnapLogic and others.