Home / SmartTech / Dataiku is now worth $ 1.4 billion after the second round – TechCrunch

Dataiku is now worth $ 1.4 billion after the second round – TechCrunch

Enterprise AI company Dataiku has announced some changes in its capitalization table. CapitalG (formerly Google Capital), Alphabet's Growth Equity Investment Fund, invests in the start-up by buying some of Serena Capital's stock.

Serena Capital has been an investor in Dataiku since 2014. "Serena was looking for some liquidity. They invested in Dataiku when the valuation was 100 times lower than after today's transaction, "said Florian Douetteau, co-founder and CEO of Dataiku.

Serena is still involved in Dataiku and the Board of Directors. CapitalG has acquired these secondary market shares worth $ 1.4 billion.

Dataiku helps enterprise customers transform big data into actionable insights using machine learning. The company connects to various storage systems and databases such as Hadoop, NoSQL, or image sets.

You can then use Dataiku to clean up your record, create segments, and create a machine learning model. The company then lets you run your own model.

Dataiku has always focused on providing more people with data science ̵

1; not just data scientists. If you're a Business Analyst, you can use the Dataiku Visual Coding Tool to gain insight into your records.

The company has switched to a Kubernetes-powered infrastructure that allows you to scale your Dataiku infrastructure by rotating Increase the number of containers and shrink them when you're done.

Dataiku now generates half of its sales in the US. Clients include large enterprise customers such as General Electric, Sephora and Unilever.

-zentrisch. We want to run the data science cycle from start to finish with a single product, "said Douetteau. "Only this strategy distinguishes us."

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