Cloud Computing News

Dataiku Announces $200 Million Investment Led by Wellington Management

Series

Series F funding reinforces company’s leadership position and supports its strong momentum and product innovation

Dataiku announced $200 million in Series F funding led by new investor, Wellington Management, at a $3.7 billion valuation. The Series F investment brings Dataiku’s total primary funding since inception to approximately $600 million. This latest investment reinforces Dataiku’s leadership position and will help accelerate its platform capabilities and prepare the company for its next phase of strong, sustainable growth.

“Dataiku’s proven track record, management team, growth trajectory, and customer roster, positions the company to scale AI to new heights. We are pleased to partner and contribute to their impressive journey,” Matt Witheiler, Consumer/Technology Sector Lead, Wellington Management. “Dataiku has taken a leadership position helping enterprises put massive datasets to work at unprecedented speed and creating a culture of AI focused on delivering compounding business results.”

“Enterprises overwhelmingly understand that now is the time to embrace AI —or risk falling behind,” said Florian Douetteau, co-founder and CEO of Dataiku. “Our ability to attract new, market leading investors, like Wellington, in this challenging environment underscores the strength of our solutions, our world-class team, and the tremendous opportunities ahead. We are on the cusp of a massive market transformation with AI at the heart of it—and we are ready to meet the moment.”

Related posts

Huawei Hosted Roadshow in Oman

Enterprise IT World MEA

Vertiv Launches High-Density Prefabricated Modular Data Center Solution

Enterprise IT World MEA

Fortinet Appoints Joe Sarno as Executive Vice-President of International Sales

Enterprise IT World MEA

Leave a Comment