dotData, a San Mateo, Calif.-based company focused on delivering full-cycle data science automation and operationalization for the enterprise, raised $23m in Series A funding.
The round, which brought the total amount of funding raised to date to $43m, was led by JAFCO with participation by Goldman Sachs, who both join existing seed investors NEC Corporation.
The company intends to use the funds to further accelerate growth by expanding sales and marketing efforts, and enhancing product development innovation of its full-cycle data science automation platform.
Led by Ryohei Fujimaki, Ph.D., CEO, and founder, dotData provides an automated data science platform to accelerate, augment and operationalize the entire data science process, from raw business data through data and feature engineering to machine learning in production.
The company’s AI-powered feature engineering delivers actionable business insights from relational, transactional, temporal, geo-locational, and text data.
Fortune 500 organizations around the world use the company’s platform to accelerate their ML and AI projects.