Dataiku will get $400M at a $4.6B valuation, led by Tiger International – TechCrunch


Information science platform Dataiku introduced as we speak it has raised a $400 million Collection E, bringing its valuation to $4.6 billion. The spherical was led by Tiger International, with participation from returning buyers like ICONIQ Progress, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures and Daybreak Capital.

New buyers included Perception Companions, Eurazeo, Lightrock and Olivier Pomel, the chief government of Datadog.

Dataiku’s final spherical of funding was a $100 million Collection D in 2020.

Based in 2013, Dataiku is utilized by information scientists, but in addition designed for enterprise analysts and different folks with much less technical backgrounds. The platform lets corporations design and deploy AI and analytics apps, flip uncooked information into superior analytics and design machine studying fashions. It’s been used for a wide selection of use circumstances, together with fraud detection, buyer churn prevention and provide chain optimization.

The corporate now has about 450 enterprise shoppers, together with Unilever, Merck, GE, Ubisoft and NXP.

In June, Dataiku launched a totally managed model of the platform referred to as Dataiku On-line, which implies the corporate takes care of setup and infrastructure. Co-founder and CEO Florian Douetteau instructed TechCrunch on the time Dataiku On-line is targeted on getting extra startups and SMBs onto the platform.

In a press release in regards to the funding, Tiger International associate John Curtius stated, “We’ve seen that executing an AI technique by which information is a part of day-to-day operations can have large-scale influence for organizations throughout sectors and sizes, and Dataiku is well-positioned to proceed to assist the enterprise understand this potential worth given each the energy of their expertise and the crew.”


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