Dato Garners $18,500,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d05216d8-91a2-4f5c-b33c-dca05718aac9
Date
1/8/2015
Company Name
Dato
Mailing Address
936 N 34th St. Seattle, WA 98103 USA
Company Description
Dato is building the fastest machine learning analytics engine for graph datasets. Started in 2009 as an open source project by Carlos Guestrin, the software is used daily for millions of recommendations in popular consumer services.
Website
http://www.dato.com
Transaction Type
Venture Equity
Transaction Amount
$18,500,000
Transaction Round
Series B
Proceeds Purposes
The company currently has 27 employees, and is still hiring aggressively across multiple departments. The new infusion of cash will help the company continue to expand its functionality and integrations.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor