July 13 - 16:07
UiPath raises $225 million, taking value to $10.2 billion
RPA company UiPath has closed a $225 million Series E funding round, taking the company's value to $10.2 billion. The round was led by Alkeon, with participation from Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global and Wellington. The funds will be used to advance the company's hyperautomation platform and develop and expand its cloud offerings.
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