DataRobot

A Machine Learning analytics platform to rapidly build and deploy predictive models the cloud or an enterprise

Summary

DataRobot, Inc. is an American automated machine learning platform for business analysts and data scientists. It offers a machine learning platform for data scientists of all skill levels to build and deploy accurate predictive models in a fraction of the time it used to take. The technology addresses the critical shortage of data scientists by changing the speed and economics of predictive analytics.

DataRobot was founded in 2012 by Jeremy Achin,  Thomas DeGodoy and is headquartered in Boston, Massachusetts. It has additional locations in New York, London, Paris, Kyiv, Singapore, and Tokyo.

By making data scientists more productive and enabling the democratization of data science, DataRobot helps organizations transform into AI-driven enterprises. DataRobot is backed by $225 million in funding from top-tier firms, including New Enterprise Associates, Sapphire Ventures, Meritech, and DFJ.

Historical Milestones

  • 2012 – DataRobot founded
  • 2013 – Raised $3.3M in seed funding; moved headquarters to Boston
  • 2014 – Raised $21M in Series A investment
  • 2015 – Launched the world’s first automated machine learning solution
  • 2015 – Received first patent for predictive data analytics
  • 2016 – Raised $33M in Series B investment
  • 2017 – DataRobot acquired Nutonian
  • 2017 – Raised $67.2M in Series C investment
  • 2018 – DataRobot acquired Nexosis
  • 2018 – Raised $100M in Series D investment
  • 2019 – DataRobot acquired Cursor
  • 2019 – DataRobot acquired ParallelM

Platform

DataRobot uses open source machine learning libraries like R, scikit-learn, TensorFlow, Vowpal Wabbit, Spark ML, and XGBoost. Its platform also incorporates data science methods such as boosting, bagging, random forests, kernel-based methods, generalized linear models, deep learning, and others. DataRobot has partnered companies that include Amazon AWS, Alteryx, Cloudera, Tableau, Immuta , Teknion, and Trifacta.

DataRobot has achieved the Amazon Web Services (AWS) ML Competency status. The designation recognizes DataRobot as an AWS Partner Network (APN) member that streamlines machine learning and data science workflows. DataRobot has been certified on Cloudera Enterprise 5. The Cloudera platform is used for data management and analytics. DataRobot is also certified on Hortonworks Data Platform.

Mission

DataRobot’s mission is to change the way businesses all over the world make their most important decisions. And they’re realizing that vision by delivering powerful artificial intelligence and machine learning solutions that are relevant and accessible to all.

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