Dataiku Explained

Dataiku
Native Name Lang:fr
Type:Private
Industry:Computer software
Founded: in Paris, France
Location City:New York City
Key People:Florian Douetteau (CEO)
Products:Dataiku Data Science Studio
Num Employees:1,000+ (2022)
Revenue: (2021)[1]
Location Country:United States

Dataiku is an American artificial intelligence (AI) and machine learning company which was founded in 2013. In December 2019, Dataiku announced that CapitalG—the late-stage growth venture capital fund financed by Alphabet Inc.—joined Dataiku as an investor and that it had achieved unicorn status. As of 2021, Dataiku is valued at $4.6 billion. Dataiku currently employs more than people worldwide between offices in New York, Denver, Washington DC, Los Angeles, Paris, London, Munich, Frankfurt, Sydney, Singapore, Tokyo, and Dubai.[2]

History

Dataiku was founded in Paris in 2013 by Florian Douetteau, Clément Stenac, Thomas Cabrol and Marc Batty. In 2015, Dataiku established itself in the United States in New York City.

In January 2015, Dataiku raised $3.6 million from Serena Capital and Alven Capital, two French technology venture capital funds. This was followed by $14 million raised with FirstMark Capital, a New York City-based venture capital firm in October 2016.[3]

In September 2017 the company raised a $28 million Series B investment from Battery Ventures, as well as historic investors.[4]

In December 2018, Dataiku announced a $101 million Series C funding round led by ICONIQ Capital. Other investors included Alven Capital, Battery Ventures, Dawn Capital and FirstMark Capital.[5] In September 2019, the company was included in the Forbes Cloud 100, a ranking of the top 100 private cloud companies in the world.

In December 2019, one day after releasing Dataiku 6, Dataiku announced that CapitalG—the late-stage growth venture capital fund financed by Alphabet Inc.—purchased some of the shares previously owned by Serena Capital in a secondary round that valued Dataiku at $1.4 billion, making it a unicorn.[6]

In August 2020, Dataiku announced an additional $100 million Series D funding round led by Stripes and Tiger Global Management,[7] and participation from existing investors including Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital, and ICONIQ. The company did not disclose its new valuation, but said that it was "still a unicorn".

In August 2021, Dataiku announced another $400 million raise Series E by Tiger Global Management, bringing its total valuation to $4.6 billion.[8]

In December 2022, Dataiku announced a $200 million Series F led by new investor Wellington Management.[9] [10] [11]

Products

The Dataiku software: Dataiku Data Science Studio (Dataiku DSS) was announced in 2014, it supports predictive modelling to build business applications.[12]

In June 2021, Dataiku released Dataiku Online, a fully new managed version of Dataiku. This new product targets smaller companies such as high-growth startups.[13]

Notes and References

  1. Web site: Dataiku Hires CFO, Hits $150 Million Revenue As Execs Talk IPO Roadmap . 2022-03-23 . . Cai . Kenrick.
  2. Web site: Contact Us Dataiku - Your Path to Enterprise AI . 2022-12-22 . Dataiku . en-US.
  3. Web site: Dataiku grabs $14 million for its collaborative data science platform. Romain Dillet. 25 October 2016. TechCrunch. en.
  4. News: Dataiku to enhance data tools with $28 million investment led by Battery Ventures. Miller. Ron. TechCrunch. 2017-09-15. en.
  5. Web site: Dataiku raises $101 million for its collaborative data science platform. TechCrunch. en-US. 2018-12-20.
  6. Web site: Dataiku is now worth $1.4 billion following secondary round. TechCrunch. en-US. 2019-12-04. 2019-12-04. https://web.archive.org/web/20191204214707/http://techcrunch.com/2019/12/04/dataiku-is-now-worth-1-4-million-following-secondary-round/. live.
  7. News: Data Science Startup Dataiku Raises $100 Million To Keep Growing Its AI Enablement Software . . 2020-08-24 . Cai . Kenrick.
  8. News: Dataiku gets $400M at a $4.6B valuation, led by Tiger Global . Shu . Catherine . 2021-08-05 . TechCrunch.
  9. Web site: States . San Francisco CA United . Dataiku Announces $200M Series F Funding . 2022-12-22 . Datanami.
  10. Web site: 2022-12-14 . La licorne de l'IA Dataiku défie les marchés pour lever 200 millions de dollars . 2022-12-22 . Les Echos . fr.
  11. Web site: Wiggers . Kyle . 2022-12-13 . AI and analytics platform Dataiku raises $200M at a reduced valuation . 2022-12-22 . TechCrunch . en-US.
  12. Web site: French Startup Dataiku Grabs $3.6M To Continue Developing Big Data Software. Ron Miller. 19 January 2015. TechCrunch. en.
  13. Web site: Dillet . Romain . 2021-06-14 . Enterprise AI platform Dataiku launches managed service for smaller companies . 2022-12-22 . TechCrunch . en-US.