Robotic process automation startup UiPath has raised a whopping $568M in Series D funding from investors that include Coatue, Dragoneer, Wellington, Sands Capital, funds and accounts advised by T. Rowe Price, Accel, CapitalG, Sequoia, IVP and Madrona Venture Group. The funding comes at a $7B valuation on $200M+ revenue or at least 23x revenue. Founded by Daniel Dines, Marius Tirca in 2005, UiPath has now raised a total of $1.02B in reported equity funding.
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