KNIME raised $30M in additional funding led by Invus to enhance enterprise-grade AI governance and ModelOps capabilities.
Aug 06, 2024
Amount Raised
$30 Million
Round Type
Funding Round
ZurichSoftwareArtificial IntelligenceAnalyticsMachine LearningBig Data
Investors
Invus
Description
KNIME, a leader in open-source data science and AI, secured $30M in funding from Invus, totaling $50M. The investment will be used to accelerate the development of its AI governance and ModelOps solutions.
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Company Information
Company
KNIME
Location
Zurich, Zurich, Switzerland
About
KNIME helps individuals and organizations make sense of data.
KNIME Software bridges the worlds of dashboards and advanced analytics through an intuitive interface, appropriate for anybody working with data. It empowers more business experts to be self-sufficient and more data experts to push the business to the bleeding edge of modern data science, integrating the latest AI and Machine Learning techniques. KNIME is distinct in its open approach, which ensures easy adoption and future-proof access to new technologies.
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Fundz sees it the moment KNIME raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
ZurichSoftwareArtificial IntelligenceAnalyticsMachine LearningBig Data