Open source RPA vendor Robocorp raises $21 million

By Shaun Sutner

For the security requirements of highly regulated industries, Robocorp provides an embedded vault that stores access credentials in the control room – the central cloud-based platform that hosts the RPA developer tools.Robocorp-new-logo-Intellyx-BC

Robocorp’s open source RPA strategy could well be successful by harnessing the enthusiasm of the open source community and RPA developers’ pent-up demand for control of their own bots, said Jason English, an analyst at Intellyx, a digital transformation advisory firm.

“There’s just a ton of hype in the RPA space right now, but the hidden cost of a lot of this automation is you have a hidden army of people doing the maintenance support, building and rebuilding these bots,” English said.

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