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Tag: VC

Databricks Edges Closer to IPO with $1B Round

Feb 1, 2021 |

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 north of $28 billion. Read more…

DataRobot, Snowflake Expand AI Collaboration

Dec 9, 2020 |

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 announced last month and led by Altimeter Capital raised $270 million. Read more…

DataRobot Eyes IPO After Another VC Haul

Nov 17, 2020 |

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. Read more…

Data Transformer Fishtown Raises Funds

Nov 11, 2020 |

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 Capital along with existing investors Andreesen Horowitz and Amplify Partners. Read more…

Dataiku’s Collaborative AI Platform Attracts New Investors

Aug 24, 2020 |

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 announced Monday (Aug. Read more…

Pachyderm Gains Microsoft Funding, Launches Hub

Aug 19, 2020 |

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. Read more…

Investors Flock to AI-based Drug Discovery

Aug 11, 2020 |

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 starts, including IBM’s (NYSE: Read more…

Cloud Data Integration Race Heats Up

Jun 30, 2020 |

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 warehouse operators. Read more…

Nebula Graph Joins Database Race

Jun 15, 2020 |

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. Read more…

Hot DataRobot Raises a Bundle

Oct 25, 2018 |

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 company has so far raised $225 million, a total that includes a whopping $100 million Series D funding round announced this week. Read more…

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