Dataiku raises $28M Series B to help democratize Data Science and Analytics across organizations

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Led by Battery Ventures and supported by existing investors Alven, FirstMark and Serena 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.

Alven has been supporting Dataiku since 2015 and we are excited to announce that Dataiku has raised a $28M Series B led Battery Ventures, new entrant.

Founded in Europe in 2014, the company has grown into a global brand synonymous with driving innovation through cutting-edge data science and machine learning technologies. The Dataiku platform combines these technologies with collaborative features that allow anyone in an organization to contribute to the data science production process. By effectively ‘democratizing 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.

Dataiku comes at a time when there is an incredible growing demand to maximize in-house data production and analysis. As reflected by their growth and profitability since their founding, Dataiku has anticipated this demand with their unique enterprise platform designed for the increased productivity and collaboration of data scientists, programmers, and analysts within and across organizations.

Today, hundreds of companies around the world, from Fortune 500s to SMBs, including L’Oreal, NPR, AXA, Kuka, and many others, use Dataiku on a daily basis to create, build, and deliver data products efficiently.

With this latest funding round, Dataiku plans to hire 100 new team members in the upcoming months, substantially increase global marketing efforts, and accelerate the development of new features and integrations within their platform. Dataiku is looking mostly for profiles that demonstrate above average analytical as well as customer facing communication skills. 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 global data ecosystem.


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