Beijing-Based Laiye Secures $50M Series C Funding Led by Liaotech
Beijing-based Laiye, a leading provider of AI-powered robotic process automation (RPA) and intelligent process automation (IPA) software, has announced the successful closure of a $50 million Series C financing round led by Liaotech, an early-stage venture capital firm. The funding will be used to accelerate Laiye’s growth and product development, as well as to expand the company’s global reach.
Beijing-based Laiye, a leading provider of AI-powered robotic process automation (RPA) and intelligent process automation (IPA) software, has announced the successful closure of a $50 million Series C financing round led by Liaotech, an early-stage venture capital firm. The funding will be used to accelerate Laiye’s growth and product development, as well as to expand the company’s global reach.
Funding Details
The $50 million Series C financing round was led by Liaotech, an early-stage venture capital firm, with participation from existing investors. The funding round also included investments from a number of angel investors and venture capital firms. According to Laiye’s CEO, the funding will be used to accelerate Laiye’s growth and product development, as well as to expand the company’s global reach.
Laiye’s Solutions
Laiye provides a suite of AI-powered robotic process automation (RPA) and intelligent process automation (IPA) solutions. RPA automates routine tasks, while IPA automates more complex processes that require human-level intelligence. The company’s solutions enable organizations to streamline their operations and save time and money by automating repetitive tasks.
Benefits of the Funding
The funding will help Laiye to further develop its products and services and expand its global reach. It will also enable the company to invest in research and development to create new products and solutions. Additionally, the funding will help the company to hire new talent and build a stronger team.
Conclusion
The successful closure of the $50 million Series C financing round led by Liaotech is a major milestone for Laiye. The funding will help the company to accelerate its growth and product development, as well as to expand its global reach. The company will be able to invest in research and development, hire new talent, and build a stronger team.