[ DataRobot raises $54M in Series C ]

DataRobot has raised $54 million in Series C funding.

Founded in 2012, DataRobot is a machine learning platform that helps enterprises build predictive models at speed. the DataRobot platform features hundreds of open-source machine learning algorithms and harnesses best practices and knowledge from “the world’s leading scientists,” enabling users of all skill levels to build predictive models for their companies.

The new funds  will focus on three core areas of growth: DataRobot says it will double the size of its research and development team, expand its global presence, and increase its support for existing partners, which include Cloudera and Alteryx.

Funding  Series C
Founded  2012
Country  USA
City  Boston, Massachusetts
Founder / CEO  Jeremy Achin
Deal Size  $54M
Investors  New Enterprise Associates
Previous Investors  Intel Capital
 New York Life Insurance Co
 Techammer
 Techstars
 New Enterprise Associates
 Accomplice
 Atlas Venture
 IA Ventures
 Right Side Capital Management
 Recruit Strategic Partners

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