Category Archives: robotic process automation

DeepSee.ai raises $22.6M Series A for its AI-centric process automation platform

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DeepSee.ai, a startup that helps enterprises use AI to automate line-of-business problems, today announced that it has raised a $22.6 million Series A funding round led by led by ForgePoint Capital. Previous investors AllegisCyber Capital and Signal Peak Ventures also participated in this round, which brings the Salt Lake City-based company’s total funding to date […] Continue reading DeepSee.ai raises $22.6M Series A for its AI-centric process automation platform→

UiPath files confidential IPO paperwork with SEC

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UiPath, the robotic process automation startup that has been growing like gangbusters, filed confidential paperwork with the SEC today ahead of a potential IPO. “UiPath, Inc. today announced that it has submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission (the “SEC”) for a proposed public offering of […] Continue reading UiPath files confidential IPO paperwork with SEC→

Microsoft brings new process mining features to Power Automate

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Power Automate is Microsoft’s platform for streamlining repetitive workflows — you may remember it under its original name: Microsoft Flow. The market for these robotic process automation (RPA) tools is hot right now, so it’s no surprise that Microsoft, too, is doubling down on its platform. Only a few months ago, the team launched Power […] Continue reading Microsoft brings new process mining features to Power Automate→

Microsoft brings new robotic process automation features to its Power Platform

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Earlier this year, Microsoft acquired Softomotive, a player in the low-code robotic process automation space with a focus on Windows. Today, at its Ignite conference, the company is launching Power Automate Desktop, a new application based on Softomotive’s technology that lets anyone automate desktop workflows without needing to program. “The big idea of Power Platform […] Continue reading Microsoft brings new robotic process automation features to its Power Platform→

UIPath reels in another $225M as valuation soars to $10.2B

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Last year, Gartner found that Robotic Process Automation (RPA) is the fastest growing category in enterprise software. So perhaps it shouldn’t come as a surprise that UIPath, a leading startup in the space, announced a $225 million Series E today on an eye-popping $10.2 billion valuation. Alkeon Capital led the round with help from Accel, […] Continue reading UIPath reels in another $225M as valuation soars to $10.2B→

Cathay Innovation leads Laiye’s $35M round to bet on Chinese enterprise IT

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For many years, the boom and bust of China’s tech landscape have centered around consumer-facing products. As this space gets filled by Baidu, Alibaba, Tencent, and more recently Didi Chuxing, Meituan Dianping, and ByteDance, entrepreneurs and investors are shifting attention to business applications. One startup making waves in China’s enterprise software market is four-year-old Laiye, […] Continue reading Cathay Innovation leads Laiye’s $35M round to bet on Chinese enterprise IT→

Gartner finds RPA is fastest growing market in enterprise software

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If you asked the average person on the street what Robotic Process Automation is, most probably wouldn’t have a clue. Yet new data from Gartner finds the RPA market grew over 63% last year, making it the fastest growing enterprise software category. It is worth noting, however, that the overall market value of $846.2 million […] Continue reading Gartner finds RPA is fastest growing market in enterprise software→

Blue Prism to issue $130M in stock to raise new funds

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Just this morning robotic process automation (RPA) firm, Blue Prism, announced enhancements to its platform. A little later the company, which went public on the London Stock Exchange in 2016, announced it was raising £100 million (approximately $130 million) by issuing new stock. The announcement comes after reporting significant losses in its most recent fiscal […] Continue reading Blue Prism to issue $130M in stock to raise new funds→

Blue Prism looks to partners to expand robotic process automation with AI

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Blue Prism helped coin the term robotic process automation (RPA) when the company was founded back in 2001 to help companies understand the notion of automating mundane business processes. Today, it’s releasing updates to that platform including an updated marketplace for exchanging connectors to extend the main product, and in some cases, adding a layer of […] Continue reading Blue Prism looks to partners to expand robotic process automation with AI→

Rise of the Machines: A New World of Identity Governance

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It may not be unfolding exactly as predicted in the Terminator movies, but the rise of the machines is upon us. How do you protect and govern robots and other machines in the age of AI and IoT? Here are three areas of focus for identity governance.
The… Continue reading Rise of the Machines: A New World of Identity Governance→