Tag: VC
Snowflake, ThoughtSpot Tighten Embrace
Snowflake, the cloud data services leader, is expanding its ecosystem with an investment in search specialist and AI-based analytics platform developer ThoughtSpot. ThoughtSpot said the new investment, reportedly in t Read more…
Databricks Edges Closer to IPO with $1B Round
Lending credence to reports that it’s readying an initial stock offering later this year, Databricks announced the close of a stunning $1 billion funding round, boosting the AI platform vendor’s market valuation nort Read more…
DataRobot, Snowflake Expand AI Collaboration
DataRobot announced more late-round investments this week along with an expanded partnership with big data leader Snowflake Inc. that would extend the reach of its enterprise AI platform. A Series F funding round anno Read more…
DataRobot Eyes IPO After Another VC Haul
As it sets its sights on the latest big data stock offering, enterprise AI specialist DataRobot has added to its war chest with a whopping $270 million “pre-IPO” funding round. The venture funding magnet said Tues Read more…
Data Transformer Fishtown Raises Funds
Fishtown Analytics, the data engineering tool startup, announced a $29.5 funding round this week to be used for further development of its open source analytics engineering tool. The Series B round was led by Sequoia Read more…
Dataiku’s Collaborative AI Platform Attracts New Investors
Dataiku, the enterprise AI platform vendor, again made the case this week its collaborative approach to data science is gaining enterprise adherents, announcing a $100 million funding round. The Series D funding round Read more…
Pachyderm Gains Microsoft Funding, Launches Hub
A startup launched as a Hadoop alternative in the form of a container-based big data platform continues to attract investors to its open source data science framework. Pachyderm Inc. said this week its $16 million Ser Read more…
Investors Flock to AI-based Drug Discovery
The application of convolutional neural network technology continues to expand beyond machine vision use cases to the red-hot drug discovery market. The application of AI to new drug development has moved in fits and Read more…
Cloud Data Integration Race Heats Up
Fivetran, the up-and-coming data integration specialist, announced a $100 million funding round this week as it sharpens competition with rivals such as Alooma and Stitch to provide integration services for cloud data wa Read more…
Nebula Graph Joins Database Race
As the open source Nebula Graph database moves closer to commercial availability, the technology’s developer has announced an early funding round led by several Chinese investors. VEsoft Inc. said this week it would Read more…
Hot DataRobot Raises a Bundle
The bucks keep rolling in from technology investors pouring cash into machine learning and data science startups. The latest beneficiary is DataRobot, the machine learning automation vendor. Formed in 2012, the compan Read more…
ThoughtSpot Eyes Exit with Latest Funding Round
ThoughtSpot, the AI-based analytics platform developer founded by Nutanix Inc. co-founder Ajeet Singh, announced what it claims is the second-largest U.S. AI funding round so far this year. The enterprise search and s Read more…
Scality Adds New Investor in Latest Funding Round
Scality, the software-defined object and cloud storage vendor, is extending its push into the multi-cloud data control sector with the closing of a $60 million funding round. The storage management and infrastructure Read more…
Genomics Platform Attracts More Investors
Deep learning specialists are continuing to pour cash into biomedical data developers making large genomic data sets available for analysis in applications such as precision medicine. Among the largest funding rounds Read more…
Bonsai Raises Cash, Expands Access to AI Services
AI services developer Bonsai said an extended early funding round included new investor Microsoft Ventures, raising $7.6 million. Microsoft Ventures was joined by existing investor New Enterprise Associates along with Read more…
Investors Bullish on GPU-Based Database Startup
MapD Technologies, the big data analytics platform startup developing a parallel SQL database that runs on GPUs, has more than doubled its venture-funding total with the close of its latest investment round led by New En Read more…