US-based IT company UiPath Tuesday said it has raised USD 568 million at a total valuation of USD 7 billion in series D investment round led by Coatue. "UiPath is blazing a path to an 'automation first' era, closing its Series D investment round, raising USD 568 million at a post-money valuation of USD 7 billion, led by Coatue," the company said in a statement. The lead investor was joined by "Dragoneer, Wellington, Sands Capital, and funds and accounts advised by T Rowe Price Associates, Inc, Accel, CapitalG, Sequoia, IVP and Madrona Venture Group".