DataRobot

DataRobot

DataRobot sells a machine learning platform that helps users build and deploy accurate predictive models. The Boston-based company was founded in 2012 by Jeremy Achin.

DataRobot sells software that helps companies develop and deploy in-house AI models. Machine learning allows software to identify patterns and make predictions for business problems without the need for explicit programming. DataRobot aims to automate many aspects of the traditional job of data scientists. For example, Lenovo, which makes laptops used DataRobot to estimate retail demand in Brazil and United Airlines used it to predict which passengers might gate-check bags. The Philadelphia 76ers used their system to improve modeling for season-ticket renewals. The company has customers in finance, healthcare, sports, retail, marketing and agriculture industries.

DataRobot is a company that participated in the Class 21 - Cloud 2013 Winter cohort of Techstars. DataRobot raised a $206 million Series E funding round that was led by Sapphire Ventures. The funding was for expanding the business.

DataBot bought ParallelM in June 2019 and released a product that monitors a company’s models for inconsistencies or biases.

Timeline

September 17, 2019

DataRobot raises $206M Series E to bring AI to enterprise

September 2019

DataRobot raises a $206,000,000 series E round from Intel Capital, DFJ Growth, Geodesic Capital, Sands Capital Ventures, World Innovation Lab, Alliance Bernstein PCI, Sapphire Ventures, Meritech Capital Partners, EDBI, Tiger Global Management and New Enterprise Associates.

October 25, 2018

DataRobot raises a $100,000,000 series D round from Intel Capital, Sapphire Ventures, Meritech Capital Partners, DFJ, New Enterprise Associates and IA Ventures.

2018

DataRobot raising $100 million in Series D

DataRobot Celebrates that its customers have built one billion models on its Amazon Web Services (AWS) cloud platform, a major milestone in AI adoption.

July 27, 2017

DataRobot raises a $67,700,000 series C round from New Enterprise Associates.

March 2017

DataRobot raises a $54,000,000 series C round from New Enterprise Associates.

February 15, 2016

DataRobot raises a $33,000,000 series B round from Intel Capital, Accomplice, New York Life Investment Management, Recruit Strategic Partners, New Enterprise Associates and IA Ventures.

August 15, 2014

DataRobot raises a $21,000,000 series A round from New Enterprise Associates.

September 16, 2013

DataRobot raises a $3,300,000 seed round from Atlas Venture.

June 20, 2012

DataRobot was founded by Jeremy Achin and Thomas DeGodoy.

Funding rounds

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People

Name
Role
LinkedIn

Adam Dangoor

Employee

Alex Oppenheimer

Investor

Andrew Engel

Employee

Andrew Hall

Employee

Andrey Oleksiuk

Employee

Ben Siscovick

Investor

Brad Gillespie

Advisor

Brian Bell Jr.

Employee

Brian Kolb

Employee

Christina

Employee

Christopher Lynch

Board member

Chuck Smith

Employee

Dallin Akagi

Employee

David Handelman

Employee

Edward Kwartler

Employee

Elena Darmostuk

Employee

Glen Zimmerman

Employee

H. Melih Elibol

Employee

Hamel Husain

Employee

Ian Clarke

Advisor

Ina Ko

Employee

Iuliia Shcherbachova

Employee

Jacob Shaver

Employee

Jason Bowles

Employee

Jeff Hammerbacher

Investor

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Further reading

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Documentaries, videos and podcasts

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Companies

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News

Title
Author
Date
Publisher
Description
Todd Prussman
May 19, 2020
Boston Herald
Mayor Marty Walsh details Boston coronavirus reopening plans
Walter Thompson
May 6, 2020
TechCrunch
Machine learning ops focuses on the ML model and datasets, as opposed to code. Data engineers run MLOps, but it's likely that the specialized role of MLOps engineer will come about soon.
Ramesh Radhakrishnan
March 30, 2020
CIO
New solution from Dell Technologies, DataRobot with optimizations from Intel delivers an on-premises enterprise solution stack with automation capabilities for machine learning.
Alex Wilhelm
December 31, 2019
TechCrunch
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, the last day of 2019, we're taking a second look at Boston. Regular readers of this column will recall that we recently took a peek at Boston's startup ecosystem, and that we compiled a [...]
Ron Miller
December 12, 2019
TechCrunch
DataRobot a company best known for creating automated machine learning models known as AutoML, announced today that it intends to acquire Paxata, a data prep platform startup. The companies did not reveal the purchase price. Paxata raised a total of $90 million before today's acquisition, according to the company. Up until now DataRobot has concentrated [...]
Ron Miller
September 17, 2019
TechCrunch
Artificial intelligence is playing an increasingly large role in enterprise software, and Boston's DataRobot has been helping companies build, manage and deploy machine learning models for some time now. Today, the company announced a $206 million Series E investment led by Sapphire Ventures. Other participants in this round included new investors Tiger Global Management, World [...]
April 17, 2019
WebWire
DataRobot, the leader in automated machine learning, announced that its customers have built one billion models on its Amazon Web Services (AWS) cloud platform -- a major milestone in AI adoption. DataRobot customers from around the world are using these machine learning models to better understand and glean actionable insights from accessible data. Leveraging the scalability of AWS and the processing power of Intel® Xeon® processors, the DataRobot Cloud platform automates the data sci...
Automation Anywhere
Invalid Date
www.prnewswire.com:443
SAN JOSE, Calif., Dec. 11, 2018 /PRNewswire/ -- Automation Anywhere®, the leader in Robotic Process Automation (RPA), today announced its partnership with...

References

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