IT Technology Romania-Founded UiPath Raises $225 Million To Reach A $10.2 Billion Valuation Daniel Dines, cofounder and CEO of UiPath UiPath Robotic Process Automation (RPA) company UiPath announced today that it closed a $225 million Series E round, reaching an 11-digit valuation for the first time in the company’s history (10.2 billion). Alkeon Capital led the round, with participating investors including Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, […] Written by imesocial July 13, 2020July 13, 2020
IT Technology How A Tech Entrepreneur Broke Records With A $189M Valuation Pre-Launch On The Road To $1B Getty Images/iStockphoto Bottom Line: Traditional banks aren’t innovating fast enough to improve credit card fraud, endpoint cybersecurity, AI-powered end-to-end identity verification and more intuitive user experiences creating new opportunities for startups. Fintech is forecast to achieve a compound annual growth rate (CAGR) of 25% through 2022, reaching a market value of $309B. The broader financial […] Written by imesocial July 11, 2020July 11, 2020
Business CoronaVirus Marketing Technology Hospitality Startup Sonder Raises $170 Million At A $1.3 Billion Valuation During Covid-19 Travel Collapse Sonder appears to have broken out of the hospitality slump. As Covid-19 has pushed traditional hotel occupancy rates below 20%, shrunk airline demand by 95%, and all-but obliterated business travel—the short-term apartment rental company has closed a $170 million Series E round. Fidelity, Westcap, and Inovia Capital led the deal that values Sonder at a […] Written by imesocial June 24, 2020June 24, 2020
