The corporate-backed AI software producer has reportedly hiked its valuation close to $6bn in a round co-led by Altimeter Capital and Tiger Global.
DataRobot, a US-headquartered artificial intelligence (AI) software provider backed by corporates Intel, Recruit, Snowflake, Hewlett Packard Enterprise and Salesforce, has received $250m of funding, Axios reported on Tuesday.
The round was co-led by investment firm Altimeter Capital Management and hedge fund manager Tiger Global Management, and the capital was raised at a pre-money valuation of about $6bn according to Axios.
Investment managers T Rowe Price and BlackRock, private equity firm Silver Lake and venture capital firm New Enterprise Associates (NEA)…
