DataRobot Raises $21M in Series A Funding

datarobotDataRobot, a Boston, MA-based predictive analytics startup, raised $21m in Series A funding.

The round was led by New Enterprise Associates with participation from Atlas Venture, IA Ventures, and New York Life Insurance Co.

The company intends to use the funds to hire new people and add features to the platform.

 

Founded in 2012, DataRobot allows data scientists to build and test hundreds of models to find the best match for their data. The platform, which integrates with R and Python, allowing users to code, train and test their own models to see how they compare, is currently in beta with about 100 clients.

FinSMEs

19/08/2014

 

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