US-based task automation software provider UiPath secured $153m yesterday in a series B round featuring CapitalG, a subsidiary of internet and technology group Alphabet, at a $1.1bn valuation.
The round was led by Accel and included fellow venture capital firms Kleiner Perkins Caufield & Byers, Credo Ventures and Earlybird, the latter investing through its Digital East Fund, as well as seed-stage VC fund Seedcamp.
UiPath has built a robotic process automation platform (RPA) that uses software bots to automate repetitive…
