Robotic process automation (RPA) services startup Laiye has secured $42 million in the latest round of Series C funding. The Chinese firm offers RPA services to several major tech firms in the nation and government agencies. The raised capital will be used to scale its business. The funding round was co-led by Lightspeed Venture Partners and Lightspeed China Partners.
In-Car Data: New Fuel of The Auto Industry
Cathay Innovation and Wu Capital also participated in the new round. RPA will achieve its full potential when it combines AI and the best human talent, Arvid Wang, co-founder, and co-chief executive of Laiye told Tech Crunch.
Data Privacy Secrets that Facebook and Google Don’t Want to Disclose
Source: https://techcrunch.com/2020/02/23/lightspeed-leads-laiyes-42m-round-to-bet-on-chinese-enterprise-it/
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
