
FirstMark Capital leads $14m series-A for Dataiku
New York-based venture firm FirstMark Capital has led a $14m series-A round for data analytics software Dataiku.
All previous investors in the company reinvested, including Serena Capital and Alven Capital. The new funding round brings the total raised by Dataiku from private equity backers to $17.6m.
With the fresh capital, Dataiku will look to speed up its business development in the US, Europe and Asia. The group, which currently serves around 100 customers, said in a statement it has experienced 300% growth and has doubled the size of its teams this year.
Previous funding
In January 2015, Alven and Serena led a $3.6m seed round for the startup.
Company
Dataiku develops analytics platform Dataiku Data Science Studio, a collaborative data science platform that enables data scientists, developers and analysts to collaborate. Users can apply machine learning and data science techniques to a variety of types, sizes, and formats of raw data to build and deploy data flows. It is designed for a variety of applications including fraud detection, predictive maintenance or CRM analytics
The firm has around 100 clients in the e-commerce, industrials, finance, insurance, healthcare and pharmaceuticals sectors. The group has offices in Paris and New York. Its customers include National Public Radio (NPR), L'Oreal, Hostelworld, Bechtel, Microsoft and HP Vertica.
People
FirstMark Capital – Matt Turck (managing director).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater