DataRobot Raises $100 Million Series D Led by Meritech and Sapphire Ventures

BOSTON--(BUSINESS WIRE)--DataRobot, the creator of the automated machine learning category, has raised $100 million in Series D funding, bringing its total funding to $225 million. The round was led by Meritech and Sapphire Ventures, with participation from DFJ Growth and 16 previous investors including NEA, IA Ventures, and Intel Capital. Meritech's Rob Ward and Sapphire's Jai Das have joined the Board of Directors. DataRobot was founded by experienced applied data scientists in 2012, long before the current resurgence of AI. Their mission was to develop technology to automate the process of building and operationalizing machine learning models.