Dataiku raises a 21.5 Million Pound Series B round to Help Democratise Data Science and Analytics across Organizations
Led by Battery Ventures and supported again by FirstMark, Serena Capital and Alven Capital, the company will continue to empower analysts, data scientists, data engineers, and managers to collaborate and effectively create data science products that yield business impacting insights.
LONDON, Sept. 6, 2017 /PRNewswire/ -- Dataiku Inc., the maker of Dataiku Data Science Studio (DSS) - one of industry's leading enterprise, end-to-end advanced analytics and collaborative data science tools - has today announced a 21.5 million pound series B funding round led by Battery Ventures and supported by FirstMark, Serena Capital and Alven. Coming off of strong growth in the UK so far in 2017, which included being named "Enterprise Startup of the Year" at the Techies 2017 in London, Dataiku plans to triple their team in their London office and announce new major partnerships in the UK over the upcoming months.
"Since first opening the doors of our London office, we have seen our technology and company passion for data catch on and build incredible momentum in the UK," said Jennifer Roubaud, VP of UK and Ireland for Dataiku. "It's an exciting time in the UK as organisations are innovating to become data-driven while also driving big data technology globally and we are honoured to be a part of it."
Founded in Paris in 2014, Dataiku comes at a time when there is an incredible growing demand to maximize in-house data production and analysis. The Dataiku platform combines cutting-edge data science and machine learning technologies with collaborative features that allow anyone in an organization to contribute to the data science production process. By effectively 'democratising data science' it enables each team member, from coders to analysts, to contribute to the data production and analysis process using the tools they know best.
Today, hundreds of companies around the world, from Fortune 500's to SMB's, including L'Oreal, NPR, AXA, Kuka, HostelWorld and many others, use Dataiku on a daily basis to create, build, and deliver data products efficiently.
"The UK has been, and will continue to be, a very important part of Dataiku," said Florian Douetteau, CEO of Dataiku. "Over the coming year we plan to further invest into the UK by building strong partnerships and hiring incredible UK candidates in our London and European offices."
With this latest funding round, Dataiku plans to triple the size of their team in London and announce major partnerships in the UK in the upcoming months. As the company consistently strives to build a stimulating work environment where learning, working, and playing collide, it hopes to attract curious people that want to discover, learn, and have a lasting impact on the UK and global data ecosystem.
Earlier this year, Dataiku was named a "Visionary" in Gartner's 2017 Magic Quadrant for Data Science Platforms. Dataiku previously raised an 11.5 million pound series A round, led by FirstMark Capital in October of 2016.
To learn more visit: www.dataiku.com
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