robotic process automation

Microsoft acquires robotic process automation platform Softomotive

During his Build keynote, Microsoft CEO Satya Nadella today confirmed that the company has acquired Softomotive, a software robotic automation platform. Bloomberg first reported that this acquisition

Cathay Innovation leads Laiye’s $35M round to bet on Chinese enterprise IT

For many years, the boom and bust of China’s tech landscape have centered around consumer-facing products. As this space gets filled by Baidu, Alibaba, Tencent, and more recently Didi Chuxing, M

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, maki

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

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, announc

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

Blue PrismĀ 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&

RPA startup Automation Anywhere nabs $300M from SoftBank at a $2.6B valuation

The market for RPA — Robotic Process Automation — is getting a hat trick of news this week: Automation Anywhere has today announced that it has raised $300 million from the SoftBank Vision

‘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 u

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 task

Robotics process automation startup Kryon pulls in $12M Series B investment

In an industry that tends to concentrate its startup energy in Silicon Valley, Kryon defies convention. The robotics process automation (RPA) startup has its US headquarters in New Jersey. The locatio

UiPath raises $30M to build ‘software robots’ for internal business tasks

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 te