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April 30 - 13:04
79D
UiPath's value hits $7 billion after funding round
UiPath has raised $568 million in a new funding round. The RPA (robotic process automation) firm is now worth more than $7 billion. This Series D investment round was led by Coatue. According to reports, UiPath is now close to profitability and is aiming to go public within two years. "Business leaders everywhere are augmenting their workforces with software robots," said co-founder Daniel Dines.
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