Dataiku Inc., the global game-changer in enterprise data science and machine learning platforms, announces a $101 million Series C funding round led by Iconiq Capital and supported by Alven, Battery Ventures, Dawn Capital, and FirstMark Capital. This announcement follows the company’s $28 million Series B in September 2017, the release of Dataiku 5 in September 2018 and the second consecutive year receiving the Visionary in the Gartner Magic Quadrant for Data Science and Machine-Learning Platforms award.
Since its founding in 2013, Dataiku has focused on the vision of democratized data science as the key to uninhibited possibilities instead of restricted technologies reserved for the elite few. Today, Dataiku provides a platform that enables enterprises to fundamentally transform their business – global leaders use it to build AI that optimizes marketing budget, enables maintenance services, anticipate market trends or detects fraud, and more. Through a uniquely collaborative approach engaging every data specialists (data scientists, data engineers, data analysts and business analysts), Dataiku solves a vivid market need: extracting value out of massive, disparate and unstructured data.
This new financing round is a confirmation of Dataiku’s vision to build and deliver the missing block for the modern enterprise: the platform where you build your own AI. Dataiku will only accelerate this execution of large-scale data democratization within the enterprise. In a world with constantly evolving technology and tools, Dataiku has remained steadfast in its vision for the future and will continue to bring stability, security, and reliability for companies trying to navigate their own journeys in the age of Enterprise AI.
With this latest funding round, Dataiku (who was named by Forbes among the “Best Big Data Companies And CEOs To Work For In 2018”) plans to double its current staff of 200 among its headquarters in New York City and offices in Paris and London as well as new offices in Sydney and Singapore. Dataiku will also accelerate the addition of new product features and work to expand its network of technology partners.