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Goldman Sachs and CMC Capital Partners led a $150m Series C round in Cyclone Robotics.

Synopsis

Goldman Sachs and CMC Capital Partners led a $150m Series C funding round in Cyclone Robotics, a developer of robotic process automation software. Additional investors include Lavender Hill Capital Partners, ZWC Partners, V Fund, DCM, Matrix Partners and Source Code Capital. The fund raised will be used to bolster the company's hyperautomation capabilities and products with an objective to expand customer coverage as well as global partnerships. In the future, Cyclone Robotics will invest more in the product development of hyperautomation. In addition, the investment will help Cyclone Robotics to develop its partnership program to the next level - by providing more inclusive training resources, enablement and fast-response service.

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