UiPath’s $225M Round: What Does This Mean For RPA?

This week UiPath announced a Series E round for $225 million at a $10.2 billion valuation. The lead on the deal was Alkeon and the other investors included Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global, Wellington, and T. Rowe Price Associates.