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5 investors discuss the future of RPA after UiPath’s IPO Robotic process automation (RPA) has certainly been getting a lot of attention in the last year, with startups, acquisitions and IPOs all coming together in a flurry of market activity. It all seemed to culminate with UiPath’s IPO last month. The company that appeared to come out of nowhere in 2017 eventually had a final private valuation of $35 billion. It then had the audacity to match that at its IPO. A few weeks later, it still has a market cap of over $38 billion in spite of the stock price fluctuating at points. ....
HYPR Raises $35M Series C Led by Advent International USA - English News provided by Share this article NEW YORK, April 20, 2021 /PRNewswire/ HYPR, The Passwordless Company™ today announced it has raised $35 million in a Series C financing, doubling the company s total funding to over $70 million. The investment is led by Advent International through Advent Tech, the firm s dedicated global technology fund. Advent has significant experience in cyber technology, including recent early-stage investments in Wiz and The Series C investment comes amid significant momentum for HYPR as it grows market share and the global workforce pivots to a flexible workplace model. ....
Developer-security startup Snyk raised $300 million to take its valuation to $4.7 billion. Its valuation has quadrupled since January 2020 as it drives the shift left movement. CEO Peter McKay says Snyk will not have an IPO this year, but may pursue acquisitions. Apart from Zoom and perhaps now Roblox, it would be hard to name a company that has blown up more over the past difficult year than Snyk. The developer-security startup announced a $300 million E round on Wednesday – it s second mega-round in six months, following a $200 million fundraise in September – to take it to a $4.7 billion valuation. That s four times what the Boston company was worth in the beginning of 2020. ....
Dooly closes on $20M for AI-based tools to help salespeople with their busywork Robotic process automation has taken the enterprise world by storm by providing a set of tools for those doing repetitive, volume-based tasks to use software to remove some of that labor to let those people focus on more complicated tasks. Today a startup that’s taken some of that ethos and is applying it to more individualized work that of salespeople is announcing some funding. Dooly, a Vancouver, Canada-based startup that has built a set of AI-based tools that automate the busywork that goes into updating data in their sales software, and namely Salesforce, has picked up $20 million in funding to build out its business, which to date has picked up a number of customers among the sales teams of enterprise-focused software companies. They include Airtable, Asana, Intercom, Contentful, Vidyard, BigCommerce, Liftoff and CrowdRiff. ....