DataRobot, a startup that built a cloud service for comparing various algorithms that can help data scientists build effective predictive models, has raised $21 million, according to a report today in the Wall Street Journal’s Venture Capital Dispatch.
The startup’s service isn’t available for all to use; it’s still in beta, according to the DataRobot website.
DataRobot didn’t respond to VentureBeat’s request for comment.
New Enterprise Associates led the round. Atlas Venture, IA Ventures, and New York Life Insurance Co. participated in the round, the Journal reported.
DataRobot started in 2012 and is based in Boston. The startup previously raised $3.3 million in September 2013, according to documents filed with the SEC.
DataRobot helps you build better predictive models faster in the cloud. DataRobot is designed to be your co-pilot by building and testing hundreds of models to find the best match for your d... All DataRobot news »