Category Archives: uipath

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→

No code, workflow, and RPA line up for their automation moment

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We’ve seen a lot of trend lines moving throughout 2020 and into 2021 around automation, workflow, robotic process automation (RPA) and the movement to low-code and no-code application building. While all of these technologies can work on their own, they are deeply connected and we are starting to see some movement towards bringing them together. […] Continue reading No code, workflow, and RPA line up for their automation moment→

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→

The highest valued company in Bessemer’s annual cloud report has defied convention by staying private

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This year’s Bessemer Venture Partners’ annual Cloud 100 Benchmark report was published recently and my colleague Alex Wilhelm looked at some broad trends in the report, but digging into the data, I decided to concentrate on the Top 10 companies by valuation. I found that the top company has defied convention for a couple of […] Continue reading The highest valued company in Bessemer’s annual cloud report has defied convention by staying private→

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→

Lightspeed leads Laiye’s $42M round to bet on Chinese enterprise IT

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Laiye, a Chinese startup that offers robotic process automation services to several major tech firms in the nation and government agencies, has raised $42 million in a new funding round as it looks to scale its business. The new financing round, Series C, was co-led by Lightspeed Venture Partners and Lightspeed China Partners. Cathay Innovation, […] Continue reading Lightspeed leads Laiye’s $42M round to bet on Chinese enterprise IT→

Automation is advancing faster than the enterprise knowledge required to support it

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Automation is transforming the enterprise around the globe, directly impacting the bottom line as a result of improved productivity and efficiency, according to UiPath. But automation’s impact on the workplace is not well understood and cannot be ignor… Continue reading Automation is advancing faster than the enterprise knowledge required to support 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→

UiPath nabs $568M at a $7B valuation to bring robotic process automation to the front office

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Companies are on the hunt for ways to reduce the time and money it costs their employees to perform repetitive tasks, so today a startup that has built a business to capitalize on this is announcing a huge round of funding to double down on the opportunity. UiPath — a robotic process automation startup originally […] Continue reading UiPath nabs $568M at a $7B valuation to bring robotic process automation to the front office→

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

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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→