{"id":5829,"date":"2020-11-19T14:07:49","date_gmt":"2020-11-19T19:07:49","guid":{"rendered":"https:\/\/solutionsreview.com\/business-intelligence\/?p=5829"},"modified":"2020-11-19T14:09:10","modified_gmt":"2020-11-19T19:09:10","slug":"datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/","title":{"rendered":"DataRobot Nets $270 Million in Pre-IPO Funding with $2.7B Valuation"},"content":{"rendered":"<div id=\"attachment_5830\" style=\"width: 778px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-5830\" class=\"size-full wp-image-5830\" src=\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2020\/11\/DataRobot.png\" alt=\"DataRobot Nets $270 Million in Pre-IPO Funding with $2.7B Valuation\" width=\"768\" height=\"384\" srcset=\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2020\/11\/DataRobot.png 768w, https:\/\/solutionsreview.com\/business-intelligence\/files\/2020\/11\/DataRobot-406x203.png 406w, https:\/\/solutionsreview.com\/business-intelligence\/files\/2020\/11\/DataRobot-540x270.png 540w, https:\/\/solutionsreview.com\/business-intelligence\/files\/2020\/11\/DataRobot-162x81.png 162w, https:\/\/solutionsreview.com\/business-intelligence\/files\/2020\/11\/DataRobot-360x180.png 360w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><p id=\"caption-attachment-5830\" class=\"wp-caption-text\">Source: DataRobot<\/p><\/div>\n<p style=\"text-align: justify\">DataRobot <a href=\"https:\/\/www.datarobot.com\/news\/press\/datarobot-announces-270m-in-funding-led-by-altimeter-capital\/\" target=\"_blank\" rel=\"noopener noreferrer\">recently announced<\/a> a pre-IPO funding round worth $270 million, according to a press release on its website. Led by Altimeter Capital with inclusion from new and existing investors, the capital injection brings DataRobot&#8217;s total raised to more than $700 million. DataRobot has a current valuation of $2.7 billion, which represents a <a href=\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nabs-series-e-funding-unveils-new-mlops-solution\/\" target=\"_blank\" rel=\"noopener noreferrer\">100 percent increase<\/a> from the time of its Series E funding round.<\/p>\n<p style=\"text-align: justify\"><div class=\"box box3\">Our <a href=\"https:\/\/solutionsreview.com\/business-intelligence\/get-a-free-business-intelligence-software-buyers-guide\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Buyer&#8217;s Guide for Analytics and Business Intelligence Platforms<\/em><\/a> helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/div><\/p>\n<p style=\"text-align: justify\">DataRobot offers an enterprise AI platform that automates the end-to-end process for building, deploying, and maintaining AI. The product is powered by open source algorithms and can be leveraged on-prem, in the cloud or as a fully-managed AI services. DataRobot includes three independent but fully integrated tools (Automated Machine Learning, Automated Time Series, MLOps), and each can be deployed in multiple ways to match business needs and IT requirements.<\/p>\n<p style=\"text-align: justify\">In a media statement about the news, DataRobot President and COO Dan Wright said: &#8220;We\u2019re seeing overwhelming demand for our platform. This latest round of financing further validates this momentum, and we intend to use it to accelerate our rapid growth globally. Modern enterprises are generating and capturing more data than ever before, and this data is also changing more rapidly than ever. Traditional business intelligence and manual machine learning methods are completely inadequate to keep pace. Businesses need AI-driven insights into what\u00a0<i>will<\/i> happen, rather than simply what has happened, in order to win in today\u2019s increasingly competitive market.&#8221;<\/p>\n<p style=\"text-align: justify\">This announcement comes on the heels of DataRobot&#8217;s <a href=\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-updates-its-ai-platform-with-datarobot-paxata-integration\/\" target=\"_blank\" rel=\"noopener noreferrer\">April AI platform release<\/a>, which is highlighted by the integration of DataRobot Paxata data preparation. DataRobot Paxata is integrated with the platform\u2019s AI catalog so users can explore, clean, combine and shape data for training and deploying machine learning models. Any machine learning model can be turned into an AI application. The AI applications feature also includes Applications Gallery, a collection of AI applications available to business users.<\/p>\n<p style=\"text-align: justify\"><div class=\"hr hr\"><\/div><\/p>\n<p style=\"text-align: justify\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump\" title=\"Download link to Business Intelligence &amp; Data Analytics Matrix Report\" href=\"https:\/\/solutionsreview.com\/business-intelligence\/buyers-matrix-report-business-intelligence-solutions\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2880 size-full\" src=\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2021\/05\/21_BI_Matrix_SB_800.gif\" alt=\"\" width=\"800\" height=\"100\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DataRobot recently announced a pre-IPO funding round worth $270 million, according to a press release on its website. Led by Altimeter Capital with inclusion from new and existing investors, the capital injection brings DataRobot&#8217;s total raised to more than $700 million. DataRobot has a current valuation of $2.7 billion, which represents a 100 percent increase [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":5830,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[1357,614,698],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DataRobot Nets $270 Million in Pre-IPO Funding with $2.7B Valuation<\/title>\n<meta name=\"description\" content=\"DataRobot has a current valuation of $2.7 billion, which represents a 100 percent increase from the time of its Series E funding round.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim King\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/\",\"name\":\"DataRobot Nets $270 Million in Pre-IPO Funding with $2.7B Valuation\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2020\/11\/DataRobot.png\",\"datePublished\":\"2020-11-19T19:07:49+00:00\",\"dateModified\":\"2020-11-19T19:09:10+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#\/schema\/person\/154e152a275103e373e24ada7f2feb5c\"},\"description\":\"DataRobot has a current valuation of $2.7 billion, which represents a 100 percent increase from the time of its Series E funding round.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2020\/11\/DataRobot.png\",\"contentUrl\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2020\/11\/DataRobot.png\",\"width\":768,\"height\":384,\"caption\":\"Source: DataRobot\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/datarobot-nets-270-million-in-pre-ipo-funding-with-2-7b-valuation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/business-intelligence\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DataRobot Nets $270 Million in Pre-IPO Funding with $2.7B Valuation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#website\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/\",\"name\":\"Best Business Intelligence and Data Analytics Tools, Software, Solutions &amp; 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