Article: Open-source robotic process automation firm Camunda raises €82M in new round

Open Software, Open Source

Open-source robotic process automation firm Camunda raises €82M in new round

Open-source automation software company Camunda Services GmbH said today it has raised €82 million (about $100 million) in a new round of funding.

Private equity firm Insight Partners led the Series B round, with participation from existing investors Highland Europe. Camunda is an emerging player in the red-hot robotic process automation market that involves using software robots to observe workflows in common business applications and then deduce ways to automate repetitive tasks for workers.

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