Polars Raises USD4M in Seed Funding
Summary
Polars, an Amsterdam, The Netherlands-based Rust-based DataFrame library for data scientists and engineers, raised USD$4m in seed funding. The round was led by Bain Capital Ventures with participation from individual investors. Founded by Polars creator and machine learning engineer, Ritchie Vink, and his co-founder Chiel Peters, former CTO at Xomnia, Polars empowers data scientists and engineers to analyze large DataFrames without having to set up and maintain a distributed compute cluster. Today, Polars is one of the fastest DataFrame libraries in existence, and one of the fastest-growing data processing projects on GitHub. The company will be built around the open source Polars project, and will focus on furthering its scalability and interoperability in enterprise environments.
Funding
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