DataRobot raised $206m in Series E funding round.

DataRobot raised $206m in Series E funding round led by Sapphire Ventures. Tiger Global Management, World Innovation Lab, Alliance Bernstein PCI, and EDBI joined the round as new investors. Existing investors DFJ Growth, Geodesic Capital, Intel Capital, and Sands Capital significantly increased their ownership, and NEA and Meritech also participated in the round. “AI is fundamentally changing the way the world works, and DataRobot is delivering on its promise to make all enterprises AI-enabled to drive innovation and value. We’re pleased to expand our stake in DataRobot as they rapidly scale and expand the capabilities of their platform through R&D and strategic acquisitions. We look forward to continuing to help build one of the world’s fastest growing AI companies.” Jai Das, President & Managing Director, Sapphire Ventures.