UiPath, a leading enterprise robotic process automation (RPA) software company, has raised $153 million in Series B funding following a year of record growth. The company eclipses $1.1 billion valuation and validates RPA as a strategic imperative for digital transformation and path to AI. Previous investor Accel led the round, with new investors CapitalG and Kleiner Perkins Caufield & Byers contributing. UiPath seed investors Earlybird’s Digital East Fund, Credo Ventures, and Seedcamp also participated significantly in the round.

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