dotData Raises $23 Million for Data Science Management

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dotData, which delivers full-cycle data science automation and operationalization for enterprise, announced it received new funding.

The new startup raised $23 million in Series a funding, which brings its total amount since its inception to $43 million. The funding was raised by JAFCO, which led this round, with participation from NEC Corporation and Goldman Sachs.

The new funding will be used to further accelerate the company’s rapid growth by boosting sales and marketing efforts, and enhancing product development innovation of dotData’s full-cycle data science automation platform.

“We are pleased with the confidence our investors show in our vision, team, product and ability to execute and expand market share,” said Ryohei Fujimaki, Ph.D., CEO, and founder of recently launched dotData. “Our company’s rapid growth over the past 18 months signals a significant market demand for our unique data science automation platform. These funds will enable us to accelerate product development and innovation to continue bringing transformational value to our customers.”

dotData is based in San Mateo, California.