Dataiku gets $400M at a $4.6B valuation, led by Tiger Global
Data science platform Dataiku announced today it has raised a $400 million Series E, bringing its valuation to $4.6 billion. The round was led by Tiger Global, with participation from returning investors like ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures and Dawn Capital.
New investors included Insight Partners, Eurazeo, Lightrock and Olivier Pomel, the chief executive of Datadog.
Dataiku’s last round of funding was a $100 million Series D in 2020.
Founded in 2013, Dataiku is used by data scientists, but also designed for business analysts and other people with less technical backgrounds. The platform lets companies design and deploy AI and analytics apps, turn raw data into advanced analytics and design machine learning models. It’s been used for a wide array of use cases, including fraud detection, customer churn prevention and supply chain optimization.
The company now has about 450 enterprise clients, including Unilever, Merck, GE, Ubisoft and NXP.
In June, Dataiku launched a fully managed version of the platform called Dataiku Online, which means the company takes care of setup and infrastructure. Co-founder and CEO Florian Douetteau told TechCrunch at the time Dataiku Online is focused on getting more startups and SMBs onto the platform.
In a statement about the investment, Tiger Global partner John Curtius said, “We’ve seen that executing an AI strategy in which data is part of day-to-day operations can have large-scale impact for organizations across sectors and sizes, and Dataiku is well-positioned to continue to help the enterprise realize this potential value given both the strength of their technology and the team.”
Data science platform Dataiku announced today it has raised a $400 million Series E, bringing its valuation to $4.6 billion. The round was led by Tiger Global, with participation from returning investors like ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures and Dawn Capital. New investors included Insight Partners,…
Recent Posts
- The future of AI gadgets is just phones
- Skip the Paste—You Should Chomp Down on a Toothpaste Tablet
- The game emulator your phone has been missing
- The Olympic Games Paris 2024 will feature more AI power than ever — with Intel helping lead the way
- Rebel Moon Part 2 isn’t the epic sci-fi sequel we hoped for – here are 3 better sagas to stream
Archives
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- December 2011