AI Company Dataiku gets $100 Million in Funding
In today’s ‘connected’ world, the role of Artificial Intelligence (AI) becomes more important ever day. Companies like Dataiku are leading the work in the field of AI and machine learning platforms.
If you’re not sure how AI impacts your life, think about things like automatic fraud detection for your credit card, predictive maintenance for your vehicle or appliances, getting your packages to you sooner, driverless cars, smart home devices, and much more.
The list gets larger an becomes more integrated into our daily lives with every passing day.
Just days ago, Dataiku announced that it had received and investment of $100 million during its most recent round of funding.
The Company focuses on AI and machine learning to create Enterprise solutions for the large corporations that touch many parts of our lives.
Seven years since its inception, the company has over 300 customers including Schlumberger, GE Aviation, Sephora, Unilever, BNP Paribas, Premera Blue Cross, Kuka, and Santander.
Investing in this funding round was Tiger Global Management. Previous investors Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital and ICONIQ also increased their stake in Dataiku.
“Our leadership in enterprise AI continues to attract world-class investors who understand that Dataiku’s solution and customer base are truly global and that we’re uniquely positioned to help businesses realize the untapped potential for AI to transform the enterprise,” said Florian Douetteau, co-founder and CEO of Dataiku.
“In a global business market rocked by the changes 2020 has brought, AI has proven to be a critical element of organizational success driving business growth in every major vertical market.”
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