Altimeter Capital led a $270m funding round in DataRobot.

Private equity firm Altimeter Capital led a $270m funding round in DataRobot, an enterprise AI platform, with participation from T. Rowe Price, BlackRock, Tiger Global, Silver Lake, Waterman, B Capital Group, Glynn Capital, ClearBridge, NEA, and Sapphire Ventures. "The massive secular tailwinds driven by data, the cloud, and business intelligence have been central to our most significant investments in the last decade – and yet we are just getting started. For too long, AI-driven insights were a distant promise, but we have hit an inflection point and DataRobot is at the front of the pack in terms of democratizing AI-driven business intelligence. This capability will be a must-have for all businesses and is poised to catalyze a new era of economic productivity," Brad Gerstner, Altimeter Capital Founder and CEO.