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Daniel Dineș, UiPath on the scene of How to Web 2018

How To Web 2018, the reputed technology event in Central and Eastern Europe, announces the presence of Daniel Dines, co-founder and CEO of UiPath, on the conference stage on October 19th. UiPath is one of the most successful IT companies founded in Romania, valued at 3 billion dollars, and the most explosive B2B software company in the world.

2018-10-04 13:33:12

Recently, UiPath, the leading Enterprise Robotic Process Automation (RPA) software company, has closed its series C funding raising 225 million USD at a valuation of 3 billion USD. The round was co-led by existing investor CapitalG and new investor Sequoia Capital. Accel, which led both UiPath Series A and B rounds also participated in this round.

UiPath is likely to be the fastest growing enterprise software company in history. The company announced in early July that it had increased its annual recurring revenue from $1M to $100M – a feat which it believes no other enterprise subscription software business has accomplished in such a short time. UiPath counts more than 1,800 global customers and is adding six new enterprise customers per day; the company expects annual recurring revenue at the end of 2018 to increase by more than four times compared to the end of 2017.

Daniel Dines is one of the most successful Romanian entrepreneurs. Graduate of Mathematics and Computer Science in Bucharest, Daniel founded UiPath in 2005 after working for five years as a Microsoft programmer in Seattle, USA, where he designed and developed one of the most successful Microsoft products, SQL Server Agent. Daniel will be present at How to Web 2018 as a keynote speaker and aims to share with participants the challenges he faces throughout his entrepreneurial journey.


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