Robotics process automation startup UiPath raising $400M at more than $7B valuation

UiPath, a robotics process automation platform targeting IT businesses, is raising more than $400 million in Series D funding from venture capital investors at a valuation north of $7 billion, sources have confirmed to TechCrunch following a report from Business Insider. We’ve reached out to the company for comment. UiPath, founded in 2005, has raised $409 million to date, meaning the new round of capital will double the total capital invested in the startup, as well as its valuation. Learn more about your ad choices. Visit podcastchoices.com/adchoices