According to EIB website, the project concerns on the investments in software development of an innovative start-up in the area of intelligent automation to support the company's further growth and global market competitiveness. It is expected to contribute to the promoter's international expansion through the development of proprietary software technologies particularly in the area of intelligent automation and therefore enhance its portfolio of products and clients. The proposed financing will also contribute to supporting and creating jobs in Europe.
UiPath SRL develops and provides robotic process automation software for intelligent process automation solutions. It offers desktop automation products, such as UiPath Desktop, a robotic process automation software for individuals and small teams that enables business users to design and run robotic processes; UiPath Studio, a process designer tool that creates process automation with a graphical Visio-like interface and drag-and-drop functionality; and Desktop Robots, a software robot programmed to read and execute processes created with UiPath Studio.
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