NEWS25 August 2020

Dataiku secures $100m investment

AI News North America

US – AI and machine learning platform Dataiku has raised $100m in Series D funding in a round led by Stripes and Tiger Global Management.

The company will use the investment to expand its platform and offer, with a focus on enterprise AI.

Existing investors Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital, and ICONIQ also participated in the funding round.

Founded in 2013 and headquartered in New York and Paris, Dataiku employs around 450 staff.

Florian Douetteau, chief executive of Dataiku, wrote in a blog post: “Enterprise AI maturity will quickly rise across the board as it becomes table stakes for business survival. Dataiku (along with our network of technology and service partners) must grow along with that maturity. This means taking our current end-to-end platform offering further with more solutions, more service offerings, and more product offerings.”