Romania start-up UiPath has raised $153m in its latest funding round which values the firm at $1.1bn. The company provides software helping clients manage back-office and, in some cases, front-office operations. It has approximately 700 clients, up from 100 2021. According to research from Forrester Research, four million back-office jobs are at threat of becoming redundant in the US by a year ago due the lower relative cost of using robots for these functions, reported Richard Waters in the Financial Times.
Romania start-up UiPath has raised $153m in its latest funding round which values the firm at $1.1bn. The company provides software helping clients manage back-office and, in some cases, front-office operations. It has approximately 700 clients, up from 100 a year ago. According to research from Forrester Research, four million back-office jobs are at threat of becoming redundant in the US by 2021 due the lower relative cost of using robots for these functions, reported Richard Waters in the Financial Times.