uipath News of 05/28/20
As COVID-19 Pummels Global Economy, 8 New Companies Join The $100m ARR Club
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re adding a number of companies to the $100 million ARR club , a collection of private companies that have ...
Lightspeed Leads Laiye’S $42m Round To Bet On Chinese Enterprise IT
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, ...
Gartner Finds RPA Is Fastest Growing Market In Enterprise Software
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 ...
UiPath CEO Daniel Dines Is Coming To Disrupt Berlin
$7 billion, that’s the valuation of UiPath following its latest funding round . Born in Romania and now headquartered in New York, the company represents a true European success story. That’s why I’m excited to announce that UiPath founder ...
Startups Weekly: There’S An Alternative To Raising VC And It’S Called Revenue-Based Financing
Revenue-based financing is on the rise, at least according to Lighter Capital , a firm that doles out entrepreneur-friendly debt capital. What exactly is RBF you ask? It’s a relatively new form of funding for tech companies that are posting ...
UiPath Nabs $568m At A $7b Valuation To Bring Robotic Process Automation To The Front Office
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 ...
Robotics Process Automation Startup UiPath Raising $400m At More Than $7b Valuation
UiPath, a robotics process automation platform targeting IT businesses, is raising more than $400 million in Series D funding from venture capital investors at a valuation north of $7 billion, sources have confirmed to TechCrunch following a report ...
There’S Definitely Reason To Worry About Brexit, Says Accel’S London Team; “It’S Not Just Startups; I’M Not A U.K. Citizen”
Longtime Accel partners Philippe Botteri, Sonali De Rycker, Luciana Lixandru, and Harry Nelis took the stage at Disrupt Berlin earlier today, and unlike many London-based investors, who have downplayed how much Brexit could hurt their local ...
Abbyy Looks To RPA To Breathe New Life In To 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 ...