UiPath confirms $153M at $1.1B valuation from Accel, CapitalG and KP for its “software robots”

 Last week, we reported that UiPath, a startup out of Romania building AI-based services for enterprises in the area of robotic process automation (RPA) — helping businesses automate mundane tasks in back-office IT systems — was about to close a big round, upwards of $120 million at a $1 billion-plus valuation. Today, the company is making it official (and officially… Read More


Why the $3.7 billion AppDynamics acquisition happened right before IPO

appdynamics Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when it learned that Cisco was interested in discussing a potential deal. Preliminary talks were abandoned in November, but the discussion just picked up again last week. The deal was announced today and the IPO was slated to price tomorrow. Although many companies seek… Read More


Looker Analytics Platform Scores $48 Million Led By Kleiner Perkins

Charts and graphs on paper, tablets and smart phones. Looker is trying to simplify the way companies use analytics and today it announced $48 million in Series C funding to continue the mission. The round was led by Kleiner Perkins Caufield & Byers (KPCB). Previous investors Redpoint Ventures, Meritech and Sapphire Ventures also participated. This round doubles their total raised to date to $96 million. This funding round comes less than… Read More


Kleiner Perkins Creates A New Seed Stage Initiative That Will Give Founders New Software To Grow

anjney mike abbot kleiner Kleiner Perkins has launched a new, small seed stage investment initiative within its latest fund to invest in technology like virtual reality and drones that will offer founders a suite of additional services. As part of this new fund called the Edge fund, Kleiner Perkins has brought on Roneil Rumburg, am engineer, and Ruby Lee, a product hire, to build software that will help those… Read More

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