New York Life Insurance was among the investors as the data analysis company took its total funding to almost $25m.

US-based predictive analysis company DataRobot has raised $21m in a series A round backed by insurance company New York Life Insurance, the Wall Street Journal reported on Friday.

The round was led by venture firm New Enterprise Associates and also featured Atlas Venture and IA Ventures.

Atlas previously contributed to a $3.3m seed round raised by DataRobot in September 2013. The start-up also received about $100,000 from TechStars in 2012.

DataRobot’s technology enables data scientists to build and test models…