Hot automation startup UiPath brings on a veteran exec who was at Microsoft for over 20 to help scale its business ahead of a potential IPO next year
On Tuesday, the company will name industry veteran Ted Kummert as its new executive vice president of product and engineering. which invested in UiPath
. Prior to that, he served as a corporate vice president at Microsoft, where he led a team of over 2,400 engineers responsible for developing the business products available on the software giant's application platform. At UiPath, Kummert plans to help build on the success the company has had to-date with its robotic process automation platform — one that helps businesses automate common, repetitive, and mundane computer tasks — ahead of a potential initial public offering as soon as early next year.
"I see this as an opportunity to continue to build one of the most significant enterprises in the cloud-era," he told Business Insider. "I see an incredible amount of momentum for us to capitalize on. There's a vision for a very broad platform here." Kummert is joining UiPath at a time when the startup is bouncing back from a rocky 2019.
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