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March 6, 2018 12:03 pm GMT

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

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