“Our technology gives customers a significant competitive advantage in the sales process. “Seismic is the only platform that allows companies to get an end-to-end view of how content is used by employees and consumed by customers,” said Seismic CEO Doug Winter. Previous backer Sigma West also participated in the round, which will be used for product innovation and expansion. Seismic, which aims to give salespeople the tools they need do their job more effectively, has closed a $20 million Series B funding round led by JMI Equity. We are delivering a complete environment that makes data science and its benefits accessible to every business,” said Carlos Guestrin, CEO, Dato.
#Dato graphlab software#
The investments made in Dato will help us empower many more data scientists, software developers and engineers to revolutionize industries and enhance our lives in ways we can’t imagine. “Our company was founded on a mission to create a more intelligent world.
Dato, which has now raised more than $25 million in total, will use the new funds to expand its team and business development. Vulcan Capital led the round, with participation from Opus Capital and previous backers New Enterprise Associates and Madrona Venture Group. Machine learning platform GraphLab has changed its name to Dato and announced a Series B round of funding worth $18.5 million. WeLab originally announced $14 million in funding last year, but has now confirmed an additional $6 million. The company will use the latest funds for its expansion into China. WeLab, a Hong Kong-based lending platform, has secured $20 million in Series A funding from TOM Group, Sequoia Capital, Yuri Milner, ICONIQ Capital and Ule.com, among others.
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