RPA firm FortressIQ Secures $30 Million in Series B Funding

Robotic process automation (RPA) firm FortressIQ has raised $30 million in Series B funding. The newly raised funds will be used to expand operations, business reach, and product research and development (R&D). The funding round was led by M12, Microsoft’s venture fund, and Tiger Global Management along with other participants.

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The company’s automated process discovery enables enterprises to discover insights and analytics so that they may make decisions and strategically implement them across the enterprise.

Source: https://venturebeat.com/2020/05/13/rpa-startup-fortressiq-raises-30-million/

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