Domino Data Lab Raises $100M in Series F
Domino Data Lab has successfully raised $100M in a Series F at a $1.1B valuation led by Coatue, Tiger Global, Bloomberg Beta, Sequoia Capital, Zetta Venture Partners.
Company Overview
Domino Data Lab is a AI/ML company headquartered in 383 Bush Street, San Francisco, CA 94104, founded in 2013 with 300+ employees.
Enterprise MLOps platform
Fundraising Details
- Amount Raised: $100M
- Round Type: Series F
- Valuation: $1.1B
- Date: 2024-10-09
- Investors: Coatue, Tiger Global, Bloomberg Beta, Sequoia Capital, Zetta Venture Partners
About Domino Data Lab
Enterprise MLOps platform The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 383 Bush Street, San Francisco, CA 94104
- Founded: 2013
- Team Size: 300+
- Industry: AI/ML
What This Means
This funding round demonstrates strong investor confidence in Domino Data Lab's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. Domino Data Lab's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.1B valuation marks an important milestone for Domino Data Lab, positioning the company among notable players in the AI/ML industry.
Looking Ahead
With this new capital, Domino Data Lab is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-10-09. For more information about Domino Data Lab, visit their headquarters at 383 Bush Street, San Francisco, CA 94104.
