Venture Capital
Expect the growth to continue as well as the aggressive expansion into areas like AI (Artificial Intelligence): It’s been a banner year for the RPA (Robotic Process Automation) software market. The fundings have definitely been eye-catching. In April, UiPath announced a Series D round for $568 million, led by Coatue, for a valuation of $7 billion. Then last month there was Automation Anywhere, which raised $290 million in a Series B round led by Salesforce Ventures for a valuation of $6.8 billion. So why all the interest?