Alkeon Capital and Coatue led a $750m series F funding round in UiPath.

Alkeon Capital and Coatue, the venture capital firms, led a $750m series F funding round in UiPath, a global software company that develops a platform for robotic process automation. Altimeter Capital, Dragoneer, IVP, Sequoia, Tiger Global, and funds advised by T. Rowe Price Associates also took part in the fundraising. The pandemic has boosted UiPath's business as a shift to remote working drove companies to intensify their search for automated solutions.