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Dataiku Secures USD 100 Million in Series D Round of Financing
Dataiku was founded in 2013 and is led by CEO Florian Douetteau. The company aims to take machine learning and AI projects out of experimental labs and put them into everyday operations.
FREMONT, CA: New York-based global Enterprise AI and machine learning platform, Dataiku, secured USD 100 million in a Series D funding round led by Stripes, with significant investment from Tiger Global Management and participation from existing investors Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital, and ICONIQ. Proceeds from the investment round will be used by the company to expand operations and its business reach.
Dataiku was founded in 2013 and is led by CEO Florian Douetteau. The company aims to take machine learning and AI projects out of experimental labs and put them into everyday operations. Hundreds of companies use the solution to underpin their essential business operations, including models driving fraud detection, customer churn prevention, predictive maintenance, supply chain optimization, and much more.
“We believe Dataiku is about the future of AI in the enterprise, which is a future that is going to be more collaborative and more inclusive,” said Douetteau. “Anyone within the enterprise will be able to process data or massage data to get something out of it, whatever their skills.”
Dataiku serves hundreds of customers worldwide, including Schlumberger, GE Aviation, Sephora, Unilever, BNP Paribas, Premera Blue Cross, Kuka, and Santander. The company has over 450 employees worldwide, working from offices in New York, Paris, London, Frankfürt, Dubai, Amsterdam, Sydney, and Singapore.
“We provide tools to enable analysts, data scientists and employees in general in order to enrich data rather than developing a solution by themselves,” said Douetteau. “It might be a function of origin—being French, we are lazy so we want to do as little as possible.”