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Romanian startup UiPath raises a 30 million USD funding from Accel Partners

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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].

Daniel Marton

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Daniel Marton

After 3 years as a radio reporter (back in 2003), Daniel has experienced some other options that media can offer: 2 years as a special reporter (print), 2 years as a news commentator (tv), 2 years as an editor-in-chief (online) plus another 5 years as an online manager (digital). Since 2016, he is a freelance journalist, delivering documented articles and creative ideas for any kind of media. Ever since then, Daniel joined the iCEE.fest family, as a contributing editor for iCEE.news.

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