Laiye, China's answer to UiPath, closes $50 million Series C+ – TechCrunch

Robotic process automation has become buzzy in the last few months. New York-based UiPath is on course to launch an initial public offering after gaining an astounding valuation of $35 billion in February. Over in China, homegrown RPA startup Laiye is making waves as well. Laiye, which develops software to mimic mundane workplace tasks like keyboard strokes and mouse clicks, announced it has raised $50 million in a Series C round. The proceeds came about a year after the Beijing-based company pulled in the first tranche of its Series C round.