data.world Secures Nearly $19M in Venture Capital Funding

data.world, an Austin, TX – based social network for data people, raised $18.7m in venture capital funding.

The round was led by Pat Ryan’s family investment group and includes capital from Chicago Ventures, Fyrfly Venture Partners, Hunt Technology Ventures LP, LiveOak Venture Partners, Shasta Ventures, and Sherpa Asset Management AG, John Mackey, Danielle Pruitt, Arthur Patterson, Walter Robb, Adam Ifshin, Ralph Mack, Adam Zeplain, Scott Booth, and Kip Tindell.

The company, which has raised a total of $32.7m, intends to use the funds to continue to build its data resource.

Led by Brett Hurt, co-founder and CEO, data.world is a Certified B Corporation building a collaborative resource to ease health, education, finance, government, public safety, agriculture, weather data discovery, collaboration, and use for people to solve complex academic, commercial, and societal problems quickly.
Since its preview launch in July 2016, the company has introduced core capabilities and new projects, as well as innovated to drive collaboration within public and private data workspaces and communities. These include:
• The White House Opportunity Project: data.world workspace improves data discoverability and eases collaboration with data from 11 federal agencies and 12 cities.
• The Anti-Defamation League (ADL): data.world created a public, open data workspace to help understand and combat the rise of hate crimes.
• U.S. Commerce Department NTIS: data.world named Joint Venture Partner to improve use of federal data.
• U.S. Department of Defense (DoD) data.mil: First-ever Pentagon open data portal leverages data.world collaborative workspaces to invite exploration and public discourse.
• CIA Crest Archive: data.world has independently collected, formatted, and published metadata on 930,000 newly-released declassified CIA documents, representing around 12 million pages.
• dwSQL: Developed new dialect of SQL query language to bridge the gap between linked data and relational databases.

FinSMEs

21/02/2017

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