Deals
Software Maker UiPath Raises Funds at $35 Billion Valuation
- Company’s valuation rises from $10.2 billion last year
- UiPath has said it has filed for an initial public offering
UiPath CEO Daniel Dines
Photographer: Noam Galai/Getty Images
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UiPath Inc. has raised $750 million in a fundraising round that values the automation software maker at $35 billion.
The round was led by Alkeon Capital and Coatue, according to a statement Monday that confirmed an earlier Bloomberg News report. Altimeter Capital Management, Dragoneer, IVP, Sequoia Capital, Tiger Global Management and funds advised by T. Rowe Price Associates Inc. also participated.