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Taylor Soper / GeekWire

UiPath raises $225M Series E led by Alkeon, valued at $10.2B as RPA demand rises

UiPath raised $225 million in a Series E round led by Alkeon Capital, valuing the robotic process automation company at $10.2 billion; the firm reports over $400 million in annual recurring revenue and says COVID-19 increased demand for automation.

SS. "Soma" Somasegar MMadrona
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Seattle Flow

Your front door to Seattle's startup scene.

Seattle's startup scene is scattered across a hundred feeds, newsletters, and calendars. Seattle Flow brings it together: the news, events, podcasts, and people, plus what the community is saying about them. Every link sends you to the source.

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Seattle's startup scene, every day. The news, events, podcasts, and people, plus what everyone's saying about them. We're in beta: send us a story or tell us what you want to see.