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

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 […]

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

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 […]

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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 to close a big round, upwards of $120 million at a $1 billion-plus valuation. Today, the company is making it official (and officially… Read More

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