Robots are here to stay. The more you learn about their potential, the faster it’ll help your business to grow. And this is exactly what this Romania-born company UiPath has been doing. It develops robotic process automation and artificial intelligence software. In a recent development, the company has announced that it has raised $750M (approx €623.2M) in its Series F round of funding at a valuation of $35B (approx €29B).
Investors in this round
The round was co-led by existing investors Alkeon Capital and Coatue. While existing investors also participated in this round including Altimeter Capital, Dragoneer, IVP, Sequoia, Tiger Global, and funds and accounts advised by T. Rowe Price Associates, Inc.