DataRobot updates series F to $320m

Dec 14, 2020 • Robert Lavine

Snowflake, Hewlett Packard Enterprise and Salesforce Ventures helped the enterprise AI platform developer hit a $2.8bn valuation.

US-headquartered artificial intelligence software provider DataRobot has added $50m from corporates Snowflake, Hewlett Packard Enterprise (HPE) and Salesforce – through its Salesforce Ventures unit – to a series F round now totalling $320m.

Data-warehousing software producer Snowflake, IT services firm HPE and enterprise software provider Salesforce followed on from the $270m first tranche the company closed last month, and the overall round is being led by technology investment firm Altimeter Capital.

T.Rowe Price, Tiger Global Management, Silver Lake Waterman,…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.

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