Data science platform Dataiku announced today it has raised a $400 million Series E, bringing its valuation to $4.6 billion. The round was led by Tiger Global, with participation from returning investors like ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures and Dawn Capital.
New investors included Insight Partners, Eurazeo, Lightrock and Olivier Pomel, the chief executive of Datadog.
Dataiku’s last round of funding was a $100 million Series D in 2020.
Founded in 2013, Dataiku is used by data scientists, but also designed for business analysts and other people with less technical backgrounds. The platform lets companies design and deploy AI and analytics apps, turn raw data into advanced analytics and design machine learning models. It’s been used for a wide array of use cases, including fraud detection, customer churn prevention and supply chain optimization.
The company now has about 450 enterprise clients, including Unilever, Merck, GE, Ubisoft and NXP.
In June, Dataiku launched a fully managed version of the platform called Dataiku Online, which means the company takes …read more
Source: Tech Crunch