“We think that this round […] PREPARA TU INE PARA VOTAR EL 6 DE JUNIO DEL 2021 VOTA PARA MANTENER TU LIBERTAD, LA DEMOCRACIA Y EL RESPETO A LA CONSTITUCIÓN Enterprise artificial intelligence company DataRobot has raised $270 million in a new round of funding, likely its last fundraise before going public, according to company execs. The company says that the pre-IPO round — which was joined by new and existing investors including T. Rowe Price, Blackrock, Silverlake, NEA, and Tiger — values the company at over $2.7 billion. Currently, the focus is on creating an “iconic company,” Wright said. Currently, the focus is on creating an “iconic company,” he said. DataRobot last raised a $206 million Series E led by Sapphire Ventures in September 2019. Comments on an exit have been sparse, but concurrent with the acquisition of Nutonian in 2017, CEO Jeremy Achin noted in a press release that the company’s mission was to IPO. With DataRobot’s enterprise AI platform and automated decision intelligence, all key stakeholders can now collaborate in extracting business value from data. Boston-based DataRobot, a startup developing an end-to-end enterprise AI platform, today raised $270 million in an equity funding round led by Altimeter Capital.DataRobot says the pre-IPO … “We think that this round kind of signifies that there’s now a clear leader in this very large market,” COO and President Dan Wright said in an interview with Crunchbase News. 2 days DoorDash aims to raise $3.14 billion in much-awaited IPO Investing.com 2 days DoorDash Boosts IPO Price Target, Eyes $35.7 Billion Market Value TheStreet 2 days You Can Date Landcadia Holdings, But Hold Off On the Wedding InvestorPlace 2 days Airbnb IPO date confirmed Dec. 10 Reddit Welcome! Crunchbase is the leading destination for millions of users to discover industry trends, investments, and news about global companies–from startups to the Fortune 1000. Altimeter Capital led the round, with participation from investors including T. Rowe Price, BlackRock, Silver Lake Waterman, New Enterprise Associates, and Tiger Global Management. C3.ai was most recently valued at $3.3 billion. DataRobot, the leading enterprise AI platform, announced it has raised $270 million in a pre-IPO funding round led by Altimeter Capital. DataRobot, the leading enterprise AI platform, announced it has raised $270 million in a pre-IPO funding round led by Altimeter Capital. Managed enterprise AI startup DataRobot today announced an additional $50 million raise from strategic investors Snowflake Ventures, Salesforce Ventures, and Hewlett Packard Enterprise (HPE). It said that funds would be used for research and development to strengthen its self-driving technology as well as fund affiliate Robot Taxi. This round of funding, whereas, was led by Altimeter Capital, in participation with investors like T. Rowe Price, BlackRock, Silverlake, New Enterprise Associates, and Tiger Global Management. “For too long, AI-driven insights was a distant promise, but we have hit an inflection point and DataRobot is at the front of the pack in terms of democratizing AI driven business intelligence,” Altimeter Capital CEO Brad Gerstner said in a statement. Even reading the documentation is a joy, with classic & cutting edge academic machine learning papers cited routinely. As a matter of fact, Wright believes that the age of “experimental AI” is gone, and currently, it is “all about the ability to make better insights that allow you to make better decisions.”. Sejuti currently works as Senior Technology Journalist at Analytics India…. In terms of growth, DataRobot is “well over” $100 million in annual recurring revenue, Wright said, and it’s seeing high double-digit growth. In terms of expanding the company, DataRobot is rapidly scaling in Europe and will be growing in Australia, Singapore and the Asia Pacific region. DataRobot has raised $700.62 m in total funding. The company is expanding rapidly in Europe and will be growing in Australia, Singapore and the Asia Pacific region. DataRobot raises $270M at a $2.7B valuation, eyes possible IPO With new $200M round, marketing tech firm plans to double headcount Facing pandemic pressure, unicorn … BIG NEWS: The DataRobot Community is getting a new look! DataRobot, an enterprise AI company, has raised $270 million in a new round of funding, before going public, according to the news media. The age of “experimental AI” is gone, according to Wright, and now “it’s all about the ability to make better insights that allow you to make better decisions.”. View DataRobot stock / share price, … (Its total raised to date is $700m). DataRobot SVP of Corporate Development and Strategy Igor Taber repeatedly hinted that DataRobot is eyeing an IPO, ... by raising nearly $3.4 billion in the largest software IPO to date… © 2020 Crunchbase, Inc. All Rights Reserved. DataRobot last raised a $206 million Series E led by Sapphire Ventures in September 2019. According to Wright, more than 2 billion machine-learning models have been built to date on DataRobot’s cloud platform. Log into your account. Organizations worldwide use DataRobot to empower the teams they already have in place to rapidly build and deploy machine learning models and create advanced AI applications. Boston-based DataRobot, a startup developing an end-to-end enterprise AI platform, today raised $270 million in equity funding led by Altimeter Capital. The company was founded in 2012 and is headquartered in Boston, Other investors in the company include New Enterprise Associates and Meritech Capital. 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