Big data, big round: Dataiku announces $14M Series A

by Anthony Sodd
October 25, 2016

Dataiku, an advanced analytics and collaborative data science company, announced today it had raised a $14 million Series A round.

The round was led by FirstMark Capital, with participation from existing investors. This round of funding comes after the company raised a $3.6 million Seed round in late January. 

Dataiku said they will use the funding to accelerate their commercial efforts in the United States, Europe and Asia. 

"At Dataiku, we believe anyone should be able to contribute to the data science process,” said Dataiku CEO, Florian Douetteau in a statement. “Every individual can be effective if given the freedom to use the technologies, languages, or interface that he or she knows best. That's also how business and IT teams can work together, which is the key for a truly data-driven enterprise. This is why we strive to deliver a platform that maximizes team collaboration and efficiency without removing technical depth and usability.” 

Dataiku makes a collaborate tool that allows teams of data scientists and analysts to make scalable data-driven solutions during production. Their product allows users of all levels to apply machine learning and data science techniques to big data sets.

Dataiku was founded just three years ago and said they have been profitable since launch. Today, they have an international client base of over 100, including Fortune 500 companies and small to mid-sized businesses. In addition to their New York offices, the company maintains offices in London and Paris. 

Image via Shutterstock

Have a news tip for us or know of a company that deserves coverage? Let us know or tweet us @builtinnewyork

Jobs at Dataiku

NYC startup guides

LOCAL GUIDE
Best Companies to Work for in NYC
LOCAL GUIDE
Coolest Tech Offices in NYC
LOCAL GUIDE
Best Benefits at NYC Tech Companies
LOCAL GUIDE
Women in NYC Tech