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dotData Secures New Funding to Deliver Automation to Data Science Processes


dotData has raised $23 million in Series A funding, bringing the total amount of funding raised to date to $43 million. The Series A financing round was led by JAFCO with participation by Goldman Sachs, which both join existing dotData seed-round investors NEC Corp.

dotData provides a platform that combines AI-powered feature engineering and AutoML to automate the full lifecycle of the data science process, from source data through feature engineering to implementation of machine learning in production. dotData's AI-powered feature engineering automatically applies data transformation, cleansing, normalization, aggregation, and combination and transforms hundreds of tables with complex relationships and billions of rows into a single feature table, automating the most manual data science projects.

The company plans to use the funds to further accelerate the company's rapid growth by expanding sales and marketing efforts, and enhancing product development innovation of its full-cycle data science automation platform.

dotData is one of the only platforms that combines AI-powered feature engineering and AutoML to automate the full life-cycle of the data science process, from source data through feature engineering to implementation of machine learning in production. dotData's AI-powered feature engineering automatically applies data transformation, cleansing, normalization, aggregation, and combination and transforms hundreds of tables with complex relationships and billions of rows into a single feature table, automating the most manual data science projects.

For more information, visit dotData.com.


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