November 18 - 11:11
Enterprise AI platform DataRobot raises $270m in "pre-IPO funding round"
Enterprise AI platform DataRobot has raised $270m in what it called a "pre-IPO funding round", indicating the company will soon go public. Financing was led by Altimeter Capital, joined by T. Rowe Price, funds and accounts managed by BlackRock, Tiger Global, Silver Lake Waterman, B Capital Group, Glynn Capital, ClearBridge, NEA, and Sapphire Ventures. The raise values the company at over $2.7bn.
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