In Brief

Romanian Unicorn UiPath Opens Transylvanian Base

Romanian unicorn UiPath, a leading enterprise Robotic Process Automation (RPA) software company, announced on May 14 the opening of its second base in Romania, in the Transylvanian city of Cluj. The decision to create a new RPA development hub in Cluj was prompted by the acquisition of the Smart Data Platform technology from Recognos, a Cluj-based software company founded more than 18 years ago.

The Cluj office will be built around a team of people that contributed to the development of the Recognos Smart Data Platform, and will be led by Andrei Roth, former manager of the local Recognos office. There will be a number of opportunities for senior .NET developers, as well as RPA developers. The future Cluj-based UiPath .NET team will develop core activities for the UiPath Platform, while the RPA developers in the Cluj office will focus on supporting UiPath’s implementations and partners in the German-speaking countries. The use of the Smart Data Platform within UiPath RPA Platform will allow for a simpler and faster information extraction from unstructured data sources.

“UiPath’s Cluj office is the latest addition to our expanding global operation, and it made perfect sense to open our second Romanian office here as we will tap into an impressive IT talent pool,” said Daniel Dines, CEO and co-founder of UiPath, pictured above. “As our fourth product development hub, the smart minds of Cluj will work in a truly global team alongside our developers in Bucharest, Bellevue, and Bengaluru.”

“I believe that the talented resources of Cluj fully deserve the exciting and envelope-pushing work environment and company culture that UiPath offers,” added Mr Roth. “RPA is reinventing the very concept of work, and UiPath is a visionary company at the forefront of this global phenomenon. Smart and dedicated professionals are the trailblazers of UiPath on almost all continents, and I know that our local team will significantly support the growth of our first unicorn.”

In March UiPath announced a Series B funding of 153 million US dollars led by Accel Partners — which solely provided the 30 million US dollars the company secured in its first funding round, in 2017. Google investment arm CapitalG was one of two other venture capital firms that supported the Series B, which valued the company at 1.1 billion US dollars.

UiPath now employs more than 700 professionals across 14 countries, and plans to increase employee headcount by more than 40 per cent until the end of August 2018.