DataRobot, Inc., a Boston, MA-based machine learning automation platform for data scientists to build and deploy predictive models quickly, closed $33m Series B financing.
The round was led by New Enterprise Associates (NEA) with participation from Accomplice, Intel Capital, IA Ventures, Recruit Strategic Partners, and New York Life.
The company, which has raised more than $57m, intends to use the funds for expansion of global sales, marketing, business development, engineering, R&D, and strategic initiatives at all locations.
Led by Jeremy Achin, CEO and Co-Founder, DataRobot provides a machine learning automation software platform and a practical data science education program that work together to enable data scientists, statisticians, business analysts, and software developers to build and implement predictive applications using open source and custom machine learning algorithms, in industries including financial services, healthcare, life science, marketing services, and others.
The company already has customers and offices in Europe, the Asia-Pacific region, and the United States.