New Enterprise Associates has led the first tranche of a series C round for the machine learning platform, which is backed by Intel, Recruit and New York Life Insurance.

DataRobot, a US-based machine learning technology developer backed by chipmaker Intel, insurance firm New York Life and human resources provider Recruit, secured $54m in series C funding yesterday.

Venture capital firm New Enterprise Associates (NEA) led the funding, which represents the first tranche of a series C round in which DataRobot expects to add a “significant but undisclosed amount” of additional capital.

Founded in 2012, DataRobot seeks to bring high-level data science to commercial customers and has built what it…