Funding round
Dataiku Series B
Dataiku, which works in AI platform development in New York, raised $28M in a Series B round announced on 6 Sep 2017, led by Battery Ventures. 4 firms took part. It is Dataiku's third venture round on record; the one before was a Series A in Oct 2016.
$28M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Dataiku did not disclose a valuation in this round. It came 11 months after Dataiku's Series A. It is 3.3% of the $847M Dataiku has raised in the venture rounds on record. Dataiku raised again 15 months later: a Series C round of $101M in Dec 2018. Its next priced round, a Series E in Aug 2021, valued it at $4.60B.
Dataiku's funding rounds
Dataiku has 7 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2015, led by Alven and Serena $3.6M
- Series A 1 Oct 2016, led by FirstMark $14M
- Series B this round 6 Sep 2017, led by Battery Ventures $28M
- Series C 19 Dec 2018, led by ICONIQ Capital $101M
- Series D 1 Aug 2020, led by Stripes $100M
- Series E 5 Aug 2021, led by Tiger Global $400M$4.60B post-money
- Series F 13 Dec 2022, led by Wellington Management $200M$3.70B post-money
Investors
Who put money in
Battery Ventures led the round with 3 other firms.
Lead investor
- Battery Ventures backs 215 venture-backed companies new investor
Also in the round
- FirstMark backs 128 venture-backed companies new investor
- backs 57 venture-backed companies new investor
- backs 69 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
383 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $16M, and this round was 1.8 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 14 Sep 2017 | $42M | not disclosed | not named |
| Devo Tech Companies | 28 Sep 2017 | $35M | not disclosed | Insight Partners |
| Tech Companies | 26 Sep 2017 | $32M | not disclosed | General Catalyst |
| Tech Companies | 14 Sep 2017 | $31M | not disclosed | not named |
| Tech Companies | 21 Sep 2017 | $27M | not disclosed | not named |
| Tech Companies | 26 Sep 2017 | $25M | not disclosed | Lightspeed Venture Partners |
| Tech Companies | 23 Sep 2017 | $25M | not disclosed | New Enterprise Associates |
| Tech Companies | 28 Sep 2017 | $22M | not disclosed | Lightspeed Venture Partners |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Dataiku raise in its Series B round?
Dataiku raised $28M in its Series B round, announced in Sep 2017.
Who led Dataiku's Series B round?
Battery Ventures led it, with FirstMark, Serena and Alven.
What was Dataiku's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
383 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $16M, and this round was 1.8 times the median.
Did Dataiku raise again after this round?
Yes: a Series C round in Dec 2018 of $101M.