Romanian startup UiPath raises a 30 million USD funding from Accel Partners - UPGRADE 100 News
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Romanian startup UiPath raises a 30 million USD funding from Accel Partners

Vendor of Robotic Process Automation software UiPath – founded by Daniel Dines – received a record funding from Accel Partners.

The Romanian-founded company, based in the USA, UiPath’s growth since last year was around 600%, a number that convinced one of the most important funds to invest 30 million dollars.

  • Accel Partners also invested early in major companies like Facebook, Dropbox and Spotify.

Other companies like Earlybird Venture Capital, Credo Ventures and Seedcamp are also part of this funding, next to Accel.

With two major releases annually, UiPath is backed by a team of top-notch Romanian programmers, with and insatiable appetite and potential for innovation, who are shaping UiPath technology to develop emerging properties in the segment of machine learning and artificial intelligence.

Details about the previous investment rounds of UiPath you can find here.

[Developing news. We’ll be back on this topic shortly].