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Venture Capital News: DataRobot Raises $300M Series G Round

2021-07-27
BOSTON, MA, DataRobot, a leader in Augmented Intelligence, today announced a $300 million Series G funding round.
DataRobot today announced a $300 million Series G funding round to fuel platform innovation and enable DataRobot to bring the transformative impact of Augmented Intelligence to customers around the world.

DataRobot is now valued at $6.3 billion post-money, more than double the valuation from its prior round raised in November last year. The round was led by return investors Altimeter Capital and Tiger Global and joined by new investors Counterpoint Global (Morgan Stanley), Franklin Templeton, ServiceNow Ventures, and Sutter Hill Ventures.

DataRobot is a leader in Augmented Intelligence, delivering trusted AI technology and enablement services to global enterprises competing in today's Intelligence Revolution. DataRobot's enterprise AI platform democratizes data science with end-to-end automation for building, deploying, and managing machine learning models. This platform helps maximize business value by delivering AI at scale and optimizing performance over time. The company's proven combination of cutting-edge software and world-class AI implementation, training, and support services, empowers any organization - regardless of size, industry, or resources - to drive better business outcomes with AI.
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