New York-based UiPath, an artificial intelligence (AI) and robotics process automation (RPA) company, is securing over $400 million in Series D funding.
The new funding round, which values the company at $7 billion, is being led by a public institutional investor.
Six months ago, UiPath nabbed $225 million in its Series C round, valuing the company at $3 billion.
To date, the company has fetched a total of $409 million in funding.