Dataiku, a NYC-based platform for Everyday AI, raised $400M in Series E funding.
The round, which brought the company’s valuation to $4.6B, was led by Tiger Global, with participation from several existing investors, including ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures, and Dawn Capital, as well as new investors including Insight Partners, Eurazeo, Lightrock, and Datadog CEO Olivier Pomel.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in 2013 by Florian Douetteau, CEO, Dataiku enables over 450 companies across banking, insurance, pharmaceuticals, manufacturing, retail, and more globally to leverage one end-to-end platform to design, deploy, and manage AI and analytics applications. The company also facilitates using prebuilt components and automation wherever possible to streamline work processes as well as consistent management and governance across teams and projects to create transparent, repeatable, and scalable AI and analytics programs.
Dataiku now employs more than 750 people in offices around the world, including New York, Paris, London, Munich, Sydney, and Singapore.
FinSMEs
05/08/2021