• July 27, 2021
Open-Source Platform Robocorp Nets $21 Million Funding Round

RPA technology provider Robocorp has secured a $21 million Series A funding round.  The San Francisco-based startup offers an open source platform where developers can leverage a suite of free tools to build, deploy and orchestrate RPA bots to automate manual tasks and processes. At the same time, the company announced the release of its new orchestration platform Robocorp Control Room.

The company’s open source stack is built on the software testing environment Robot Framework and Python. The company says more than 5,000 developers are using the technology, which now can be deployed either via the cloud or on-premises.

“We have seen incredible growth in our developer community and partner ecosystem over the past year, and today we’re excited to bring Robocorp to even more markets and mission critical use-cases,”said Antti Karjalainen, CEO of Robocorp. “It’s been our goal to make Robocorp the most widely available, flexible, and powerful way to build and deploy bots. We’re grateful for the vote of confidence by our investors that will help us lead this fast-growing industry.” 

The investment round was led by Canvas Ventures with participation from Benchmark, Uncorrelated Ventures, Slow Ventures, Firstminute Capital, Harpoon Ventures, Artisanal Ventures, Haystack Ventures and others.