Category Archives: process automation

‘No code’ process automation platform, Leapwork, fires up with $62M Series B

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Copenhagen-based process automation platform Leapwork has snagged Denmark’s largest ever Series B funding round, announcing a $62 million raise co-led by KKR and Salesforce Ventures, with existing investors DN Capital and Headline also participating. Also today it’s disclosing that its post-money valuation now stands at $312M.  The ‘no code’ 2015-founded startup last raised back in […] Continue reading ‘No code’ process automation platform, Leapwork, fires up with $62M Series B→

Celonis snares $1B Series D on $11B valuation

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Celonis, the late stage process mining software startup, announced a $1 billion Series D investment this morning on an eye-popping $11 billion valuation, up from $2.5 billion in its Series C in 2019, quadrupling its value in just two years. Durable Capital Partners LP and T. Rowe Price Associates co-led the round with participation from […] Continue reading Celonis snares $1B Series D on $11B valuation→

UIPath’s meteoric rise from unknown startup to $35B RPA juggernaut

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When TechCrunch covered UIPath’s Series A in 2017, it was a small startup out of Romania working in a little known area of enterprise software called robotic process automation (RPA). Then the company took off with increasingly large multibillion dollar valuations. It progressed through its investment rounds, culminating with a $750 million round on an […] Continue reading UIPath’s meteoric rise from unknown startup to $35B RPA juggernaut→

Celonis pushes beyond process mining into automated workflow tooling

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Celonis has made its name as a process discovery company, helping companies understand the way work flows through its systems to expose inefficiencies, but up until now the company has left it to others to solve those problems. Today it announced the first products that help companies improve those workflows automatically. Alexander Rinke, founder and […] Continue reading Celonis pushes beyond process mining into automated workflow tooling→

Camunda hauls in $28M investment as workflow automation remains hot

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Camunda, a Berlin-based company that builds open source workflow automation software, announced a €25 million (approximately $28 million) investment from Highland Europe today. This is the company’s first investment in its 10-year history. CEO and co-founder Jakob Freund says the company has been profitable since Day One, but decided to bring in outside capital now […] Continue reading Camunda hauls in $28M investment as workflow automation remains hot→

FortressIQ raises $12M to bring new AI twist to process automation

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FortressIQ, a startup that wants to bring a new kind of artificial intelligence to process automation called imitation learning, emerged from stealth this morning and announced it has raised $12 million. The Series A investment came entirely from a single venture capital firm, Light Speed Venture Partners. Today’s funding comes on top of $4 million […] Continue reading FortressIQ raises $12M to bring new AI twist to process automation→

What’s causing the cybersecurity skills gap?

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More than 50 percent of companies report problematic shortages in the security skills of their staff. What’s causing the cybersecurity skills gap? And what are some potential solutions for closing it?
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