The Alphabet and Tencent-backed robotic process automation technology provider was valued at $10.2bn in its last funding round.

US-headquartered automation technology producer UiPath revealed yesterday it has confidentially filed to go public, five months after raising money from investors including internet group Tencent at a valuation topping $10bn.

UiPath provides robotic process automation software that helps businesses improve efficiency and accuracy in their workflows at scale. It has raised some $1.3bn in funding since it was founded in 2005.

Investment adviser Alkeon Capital Management led the company’s $225m series E round in July this year at a…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.