Series F Funding Reinforces Company’s Leadership Position and Supports Its Strong Momentum and Product Innovation
Everyday AI platform, Dataiku, today announced $200 million in Series F funding led by new investor Wellington Management, at a valuation of $3.7 billion. The Series F investment brings Dataiku’s total major funding since its inception to approximately $600 million. This latest investment strengthens Dataiku’s leadership position, accelerates its platform capabilities and helps prepare the company for the next phase of strong and sustainable growth.
“Dataiku’s proven track record, management team, growth trajectory and customer roster will enable the company to take AI to new heights. We are delighted to welcome you back,” said Matt Witheiler, Head of Consumer and Technology at Wellington Management. “Dataiku is a leader in helping companies put large datasets to work at unprecedented speeds and creating a culture of AI focused on delivering complex business outcomes. I got my place.”
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Dataiku co-founder and CEO Florian Douetteau said: “In this challenging environment, our ability to attract new market-leading investors like Wellington underscores the strength of our solutions, our world-class team and the great opportunities ahead. We are at the forefront of a massive market transformation centered around AI and ready to face the moment.”
With this announcement, Dataiku continues its recent strong momentum. By 2022, we will grow our customer base to over 500, including over 150 of the world’s largest companies, exceed $150 million in annual recurring revenue, and be named to the Forbes Cloud 100 and Forbes AI 50 lists, Data50 It has received many recognitions in the industry. , Inc. Best in Business, Snowflake ML/AI Partner of the Year. The company is also recognized as one of the top workplaces by Great Place to Work™, Inc., Forbes and Glassdoor.
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