New York-based AI and machine learning company Dataiku announced that it has raised $400 Million in a Series E funding round led by Tiger Global.
The round also included participation from Insight Partners, Eurazeo, and Lightrock as well as existing investors ICONIQ Growth, CapitalG, and FirstMark Capital, among others. The Dataiku funding brings the company’s valuation to $4.6 billion.
Dataiku will use the new capital injection to systemize the use of data and AI in the enterprise.
Company: Dataiku Ltd.
Raised: $400.0M
Round: Series E
Funding Month: August 2021
Lead Investors: Tiger Global
Additional Investors: Insight Partners, Eurazeo, Lightrock, ICONIQ Growth, CapitalG, and FirstMark Capital
Company Website: http://www.dataiku.com/
Software Category: a centralized data platform>AI
About the Company: Dataiku is a centralized data platform that moves businesses along their data journey from analytics at scale to enterprise AI. By providing a common ground for data experts and explorers, a repository of best practices, shortcuts to machine learning and AI deployment/management, and a centralized, controlled environment, Dataiku serves as a catalyst for data-powered companies. Customers like Unilever, GE, and FOX News Group use Dataiku to ensure they are moving quickly and growing exponentially along with the amount of data they’re collecting. By removing roadblocks, Dataiku ensures more opportunities for business-impacting models and creative solutions, allowing teams to work faster and smarter.
Source: https://www.fintechfutures.com/2021/08/ai-firm-dataiku-lands-400m-in-series-e-funding-round/