Enterprise IT Startup Dataiku Secures $28 Million

Dataiku announced it has raised $28 million in Series B financing. The round was led by Battery Ventures, with participation from Serena Capital, Alven Capital Partners, and FirstMark Capital.

Dataiku develops an advanced analytics software solution that enables companies to build and deliver data products more efficiently. The company’s product offers a collaborative and team-based user interface for data scientists and beginner analysts, as well as a unified framework for development and deployment of data projects. Dataiku’s customers include AXA, L’Oreal, Bechtel, Webbmason, and Urban Insights.

In its announcement, the company said Dataiku plans to use the new funding hire 100 new team members, substantially increase global marketing efforts, and accelerate the development of new features and integrations within the platform.