Thursday, January 8, 2015

GraphLab Becomes Dato, Raises $18.5M

Seattle-based GraphLab said today that it has changed its name to Dato, and raised $18.5M in a Series B funding round. The funding was led by Vulcan Capital, and also included Opus Capital, New Enterprise Associates (NEA), and Madrona Venture Group. Dato develops machine learning software. Steve Hall of Vulcan joins the company as part of the funding. Dato, which is led by Carlos Guestrin, has now raised $25.25M. More information »