AI startup Anaconda raises $150 million in Series C funding led by Insight Partners

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Anaconda, a leading provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round led by Insight Partners, with additional participation from Abu Dhabi’s Mubadala Capital.

The funding round values the startup at $1.5 billion, Bloomberg News reported, citing a person familiar with the matter.

The company said on Thursday the fresh capital will support product development, potential acquisitions, and international expansion, as well as provide liquidity for employees.

The funding comes amid…



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AI startup Anaconda raises $150 million in Series C funding led by Insight Partners



Anaconda, a leading provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round led by Insight Partners, with additional participation from Abu Dhabi’s Mubadala Capital.

The funding round values the startup at $1.5 billion, Bloomberg News reported, citing a person familiar with the matter.

The company said on Thursday the fresh capital will support product development, potential acquisitions, and international expansion, as well as provide liquidity for employees.

The funding comes amid…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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