Dataiku Raises $100 Million to Strengthen its Position in the Enterprise AI Market

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Dataiku Raises $100 Million to Strengthen its Position in the Enterprise AI Market

Paris, August 24, 2020 – Dataiku, publisher of a unified Data Science and Machine Learning platform, announces a new $100 million Series D financing led by Stripes, with a major investment by Tiger Global Management and the participation of existing investors Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital and ICONIQ. This financing confirms Dataiku’s Licorne status and leadership in enterprise AI. With more than 300 customers worldwide, Dataiku equips many companies that have successfully chosen a collaborative and fully integrated AI strategy to accelerate their growth.

Our leadership position in Enterprise AI continues to attract renowned investors who value Dataiku’s international footprint with its customers, as well as its ability to offer companies a solution to unlock their untapped data potential and support them in their digital transformation,” said Florian Douetteau, co-founder and CEO of Dataiku.

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Founded in 2013, Dataiku’s mission is to bring Machine Learning and AI projects out of experimental laboratories and to facilitate their integration into companies’ daily business activities. Dataiku has hundreds of customers worldwide, including Schlumberger, GE Aviation, Sephora, Unilever, BNP Paribas, Premera Blue Cross, Kuka and Santander. Its team now comprises more than 450 people in offices in New York, Paris, London, Frankfurt, Dubai, Amsterdam, Sydney and Singapore.

2020 has signed the transition of AI from experimentation to actual implementation in companies. Dataiku is driving this change with the most comprehensive, secure, out-of-the-box software suite we have seen in our extensive research in this market,” said Ron Shah, partner at Stripes.

“Dataiku convinced us both by the power of its technological proposal and the strength of the commitment of its founders and their collaborators for a responsible and sustainable AI. We are very excited to be part of the success of this company and the realization of its vision,” added Paul Melchiorre, operational partner at Stripes.

The market confirms that Dataiku’s collaborative approach is the best way to leverage the benefits of AI in any organization,” said Evgenia Plotnikova of Dawn Capital. “The agility provided by AI is helping to make it an indispensable business resource. »

About Dataiku

Dataiku is a centralized Analytics and Data Science platform that supports organizations in their transition to Enterprise Artificial Intelligence. This unique platform brings together both data and business experts, provides repositories of best practices/models and offers innovative tools for the management and deployment of Machine Learning and AI. With this centralized and controlled environment, Dataiku is a real catalyst for companies who want to rethink their business around data.

Translated from Dataiku lève 100 millions de dollars pour renforcer sa position sur le marché de l’IA en entreprise