Subscribers

Robotic process automation firm raises US$30m to fund expansion

Singapore

ROBOTIC process automation (RPA) software company UiPath has received Series A funding of US$30 million that will help accelerate its global expansion and product development, as it aims to turn itself into an artificial intelligence-centric (AI-centric) firm in two years.

Founded in Romania, the United States-based company on Thursday said the funding is led by Accel, with participation from previous investors Earlybird Venture Capital, Credo Ventures and Seedcamp.

The funds raised would...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes