A leading-edge research firm focused on digital transformation.UiPath raised another $225 million in venture funding, the company said Monday, boosting the automation startup's overall valuation to $10.2 billion.CEO Daniel Dines said the monster funding bolsters UiPath's leadership in one of the hottest sectors in tech as he "We have continued to see positive momentum so we are in pretty good shape," he told Business Insider.
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This means that all future IPOs in the US and elsewhere will need to take that into account, Ghenea concluded.Tech news and expert opinion from The Techregister UK. Online piracy on the rise again in Russia in lockdown Pirated content was axed by 25% in 2019.
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Our hope is that it would send the message that if you take a great idea, turn it into a best-in-its class product, and surround yourself with the best talent you can find, investors will see your potential and customers will trust you with their business,” says Dines.The CEO of UiPath adds that the IPO could reaffirm the idea that automation is here to stay as a technology.