Immuta Raises $20M in Series B Funding

Immuta, a College Park, Maryland-based data management platform for artificial intelligence (AI), raised $20m in Series B funding.

The round was led by DFJ Growth, with participation from new investors Dell Technologies Capital and Citi Ventures, and existing investors Drive Capital and Greycroft.

The company intends to use the funds to accelerate global customer growth and extend product leadership for its platform.

Founded in 2014 by Matthew Carroll, CEO, Immuta provides data scientists, data owners and governance teams with a hyperscale data management platform to accelerate the development and control of machine learning and advanced analytics.
Customers include companies across government, insurance, financial services, and healthcare verticals.



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