Dataiku Partners with CapitalG and Becomes a Unicorn

Dataiku Company Florian Douetteau

The year 2019 has been an inspiring one at Dataiku, from releasing our very own data science documentary to discussing human-centered AI with more than 3,000 attendees at six EGG conferences around the world, being named to the 2019 Forbes Cloud 100 list to opening new offices around the world. On top of all that, I’m excited to cap off the year with the news that CapitalG has joined Dataiku as an investor.

DATAIKU_STILL31

CapitalG on Board

CapitalG, formerly Google Capital, is the late-stage growth venture capital fund financed by Alphabet Inc., and based in San Francisco, CA. Founded in 2013, it focuses on growth stage technology companies, helping them scale with support from Google's vast expertise and resources.

CapitalG will be acquiring Dataiku shares directly from Serena Capital, with Dawn, a returning backer, also participating in this transaction. CapitalG has a sterling reputation as an organization that makes returns-driven investments in leading companies around the world, helping entrepreneurs rapidly grow their businesses. We’re thrilled to join their impressive portfolio, which includes dynamic organizations such as Lyft, Airbnb, Crowdstrike, UiPath, Collibra, Stripe, Credit Karma and others.

“Dataiku has a proven track record of solving real business problems for enterprise organizations with a unique ability to extract actionable insights for data scientists and business decision makers. We are thrilled to take this journey with them as they continue to scale their highly differentiated AI approach that democratizes data and breaks down barriers between data scientists and business analysts.”

- Derek Zanutto, Partner at CapitalG

“Today, every business, regardless of the industry it operates in, needs to become data-driven. For most organisations this has been an insurmountable task, because of their data sitting in silos and being handled by a handful of experts. Until Dataiku. With its focus on both collaboration and ease of use, Dataiku is uniquely positioned to resolve these data challenges and realise the vision of Enterprise AI.”

- Evgenia Plotnikova, Partner at Dawn

Dataiku, Enterprise AI Unicorn

Today, Dataiku is valued at an excess of $1 billion. Crossing the $1 billion valuation number is not a significant milestone for us, but it's a recognition for the hard - and smart - work from our passionate team members across the globe.

Dataiku has embarked for six years on a mission to democratize access to AI for the enterprise. In the last year, we have helped dozens of large organizations transform the way they work on data . But we don’t rest on our past success - Dataiku stays on the bleeding edge of the Enterprise AI space with constant improvements to the platform (including this week’s launch of Dataiku 6).

True AI democratization means giving organizations - down to individual people, no matter what their role - the capabilities to apply AI technologies to transform the business. We believe that this will be better achieved by using and leveraging our platform. The number of Dataiku users more than doubles every year, and with CapitalG on board, we’re looking forward to continuing the upward trajectory, helping companies on their paths to Enterprise AI for years to come.

“Serena invested in Dataiku’s seed round end of 2014 and has been actively supporting the company in executing its high-growth plan since then. I am very impressed by the achievements of Dataiku, which is on track to become one of the most successful companies in Enterprise AI. This transaction with CapitalG is a great opportunity to onboard a world-class investor and sell a minority of our Dataiku shares at a valuation that materializes Dataiku’s leadership position.”

- Xavier Lorphelin, Managing Partner at Serena Capital

Many Thanks

We would like to use this occasion to thank all of those that helped us get this far, including but not limited to:

  • Our more than 300 customers.
  • Our partners (both technology and service) around the globe.
  • Our investors, including Alven, FirstMark, Serena, Battery Ventures, Dawn and ICONIQ.
  • Our 400 employees.

image (11)

You May Also Like

Dataiku and DataIQ: Q&A With Florian Douetteau

Read More

On Committing to Continuity in Turbulent Times

Read More

An Insider Look at Dataiku Culture

Read More

“Data Science Pioneers” Documentary Skyrockets to a Global Sensation

Read More