The Recruit, Intel, New York Life, Cisco and Citi-backed enterprise AI platform developer increased its valuation to $2.7bn and its overall funding to about $500m.

DataRobot, the US-based artificial intelligence software producer backed by corporate investors Cisco, Recruit, Intel, Citi and New York Life, secured $270m in series F funding yesterday. The capital came from new and existing investors including T. Rowe Price, Tiger Global Management, Silver Lake Waterman, B Capital Group, Glynn Capital, ClearBridge, New Enetrprise Associates (NEA), Sapphire…

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