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Silicon Valley company raises $250 million to automate "mundane" jobs

Automation Anywhere, a 15 year-old robotic process automation company, raised $250 million in Series A funding at a $1.8 billion post-money valuation.

Why it's a big deal: Because the San Jose, Calif.-based company is a test case for the labor force replacement debate, with an outsourced, cognitive bot army that helps global enterprises automate rote tasks like processing insurance claims and mortgage applications.