CapitalG, the late-stage growth venture capital fund financed by Alphabet Inc. formerly known Google Capital will be investing in Dataiku in a secondary transaction, with Dawn, a returning backer, also participating in this transaction

“Dataiku has a proven track record of solving real business problems for enterprise organizations with a unique ability to extract actionable insights for data scientists and business decision makers. We are thrilled to take this journey with them as they continue to scale their highly differentiated AI approach that democratizes data and breaks down barriers between data scientists and business analysts.” said Derek Zanutto, Partner at CapitalG

With this transaction, Dataiku crosses the $1 billion valuation number, a significant milestone and a recognition for the hard – and smart – work from its passionate team members across the globe. It also shows how rapidly and remarkably Dataiku has grown since its 2013 Seed round with Alven.

Our congratulations to the Dataiku team, which we keep being impressed by, and are proud to continue supporting Dataiku through its next endeavors.