Machine Learning Company DataRobot Accelerates Growth with Million in New Funding

Leading VC firms show generous support for machine learning company and its predictive analytics platform BOSTON, Feb. 11, 2016 /PRNewswire/ — Machine learning automation pioneer DataRobot, Inc. announced today that it has closed $33 million in Series B financing, bringing the total investment in the company to more than $57 million. New Enterprise Associates (NEA) led the round, which also included Accomplice, Intel Capital, IA Ventures, Recruit Strategic Partners, and New York Life. Logo – http://photos.prnewswire.com/prnh/20160201/328195LOGO With customers and offices already established in Europe, the Asia-Pacific region, and the United States, DataRobot is funded for aggressive expansion in global sales, marketing, business development, engineering, R&D, and strategic initiatives at all locations. “We applied our first investment towards building a solid platform rather than marketing and publicity,” said Jeremy Achin, the Company’s CEO…


Link to Full Article: Machine Learning Company DataRobot Accelerates Growth with Million in New Funding