‘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

Abbyy looks to RPA to breathe new life into scanning and workflow

Abbyy has been around for a long time helping companies with scanning and workflow tools, but like many older vendors it has been looking for ways to extend its traditional business model. One way to do that is by teaming up with robotics process automation companies like UIPath. Today, the company announced it has launched […] Continue reading Abbyy looks to RPA to breathe new life into scanning and workflow

UIpath lands $225M Series C on $3 billion valuation as robotics process automation soars

UIPath is bringing automation to repetitive processes inside large organizations and it seems to have landed on a huge pain point. Today it announced a massive $225 million Series C on a $3 billion valuation. The round was led by CapitalG and Sequoia Capital. Accel, which invested in the companies A and B rounds also […] Continue reading UIpath lands $225M Series C on $3 billion valuation as robotics process automation soars

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 raising around $120M at $1B+ valuation for its ‘software robots’ for internal business tasks

 The initial hype around bots — applications that run partly or entirely using natural language processing, machine learning, computer vision and other AI tech to help consumers ask and answer questions, buy things and get other stuff done &… Continue reading UiPath raising around $120M at $1B+ valuation for its ‘software robots’ for internal business tasks

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