The company, which is more than doubling its valuation, is expected to do $450 million in ARR in 2019, TechCrunch has confirmed.
View More Robotics process automation startup UiPath raising $400M at more than $7B valuationCategory: uipath
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 economy, the team was frank about their sundry concerns over what happens if the U.K. leaves the European Union […]
View More 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”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 automation companies like UIPath. Today, the company announced it has launched […]
View More Abbyy looks to RPA to breathe new life in to scanning and workflowBots replacing office workers drive big valuations
A lot of people still get paid to sit in offices and do repetitive tasks. In recent years, however, employers have been pushing harder to find ways to outsource that work to machines.
View More Bots replacing office workers drive big valuationsUIpath 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 […]
View More UIpath lands $225M Series C on $3 billion valuation as robotics process automation soarsUiPath 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
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 — may have waned a bit, but a startup building the equivalent for the enterprise world, in a fast-growing field called robotic process automation,… Read More