RPA startup Automation Anywhere nabs $300M from SoftBank at a $2.6B valuation

The market for RPA — Robotic Process Automation — is getting a hat trick of news this week: Automation Anywhere has today announced that it has raised $300 million from the SoftBank Vision Fund. This funding, which values Automation Anywhere at $2.6 billion post-money, is an extension to the Series A the company announced earlier […] Continue reading RPA startup Automation Anywhere nabs $300M from SoftBank at a $2.6B valuation

‘Software robot’ startup UiPath expands Series C to $265M at a $3B valuation

UiPath, a startup that works in the growing area of RPA, or robotic process automation — where AI-based software is used to help businesses run repetitive or mundane back-office tasks, to free up humans to tackle more sophisticated work — has raised money for the third time this year. The company is today announcing that […] Continue reading ‘Software robot’ startup UiPath expands Series C to $265M at a $3B valuation

UiPath confirms $153M at $1.1B valuation from Accel, CapitalG and KP for its “software robots”

 Last week, we reported that UiPath, a startup out of Romania building AI-based services for enterprises in the area of robotic process automation (RPA) — helping businesses automate mundane tasks in back-office IT systems — was about … Continue reading UiPath confirms $153M at $1.1B valuation from Accel, CapitalG and KP for its “software robots”

UiPath raises $30M to build ‘software robots’ for internal business tasks

Programmers working on a problem. The world is awash with bots these days — applications the run either partly or entirely using natural language processing, machine learning, computer vision and other artificial intelligence technologies to help consumers ask and answer questions, buy things and get other stuff done. In the enterprise equivalent, a company that is building something akin to this for large… Read More Continue reading UiPath raises $30M to build ‘software robots’ for internal business tasks