French Startup Dataiku Grabs $3.6M To Continue Developing Big Data Software
Summary
The startup has been around since February, 2013, and CEO Florian Douetteau says they were able to bootstrap for the first couple of years because they began selling the software and were profitable early on, which is certainly refreshing. He says the software could also be useful to others in an organization who might make use of big data such as business analysts, statisticians and developers. Douetteau came from Exalead, a French search startup that was purchased by Dassault Systèmes in 2010 for €135M (which was approximately $165M USD at the time). Among the areas that are attracting activity are connected devices (Internet of Things) and big data, where Douetteau’s company has planted a stake. It’s early days for sure for Dataiku, but the company is taking aim at a growing market and attempting to solve a set of problems that could develop into a much bigger business.
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