Leader in Automated Machine Learning Cited as One of the 100 Most Promising Private Artificial Intelligence Companies for the Second Consecutive Year
Boston, MA – December 13, 2017 — CB Insights has named DataRobot, the pioneer in automated machine learning (ML), to the Artificial Intelligence 100 list (AI 100), a select group of teams and technologies that are successfully using AI to solve massive business challenges. CB Insights CEO and co-founder Anand Sanwal revealed the full list of 2018 winners during the A-ha! conference held at SFJAZZ in San Francisco, CA, December 12 and 13, 2017.
The CB Insights research team selected the AI 100 companies by evaluating company-submitted data and each company’s “Mosaic Score.” The Mosaic Score, based on CB Insights’ National Science Foundation-funded algorithm, measures the overall health and growth potential of private companies. Through this evidence-based, statistically driven approach, the Mosaic Score can help predict a company’s momentum, market health, and financial viability.
“From the acquisition of Nutonian, to the addition of multiple new Fortune 100 customers, 2017 has been a tremendous year of growth for DataRobot, reaffirming our position as the leader in automated machine learning,” said Jeremy Achin, CEO of DataRobot. “Being recognized as one of the top AI companies in the world by CB Insights is rewarding, and it reflects our continued efforts in transforming how businesses make decisions through the power of AI.”
The DataRobot automated machine learning platform puts the power of machine learning into the hands of any business user. DataRobot automates the data science workflow, enabling users to build and deploy highly accurate predictive models in a fraction of the time of traditional methods.
“Last year’s AI 100 enjoyed amazing success since earning this recognition. Fifty-five of them went onto raise additional funding nearing $2 billion, and five were acquired,” said Anand Sanwal, CEO of CB Insights. “This year’s list was culled from 1000+ applications and looks even more impressive. These are companies using artificial intelligence in industries from drug discovery and cybersecurity, to robotics and legal tech. I’m happy that CB Insights is able to shine a light on the founders and companies that will revolutionize these industries, and I look forward to seeing what they do in 2018 and beyond.”
DataRobot continued its rapid ascent in 2017, experiencing triple-digit percent increases in customers and revenue. The company’s May acquisition of Nutonian further separated it from the field, making it the most viable AI-focused company in the market, with the fastest and easiest way to develop and deploy machine learning models in the enterprise. Most recently, DataRobot achieved prestigious “Machine Learning Competency Status” from Amazon Web Services.
DataRobot offers an enterprise automated machine learning platform that empowers users of all skill levels to make better predictions faster. Incorporating a library of hundreds of the most powerful open source machine learning algorithms, the DataRobot platform automates, trains and evaluates predictive models in parallel, delivering more accurate predictions at scale. DataRobot provides the fastest path to data science success for organizations of all sizes. For more information, visit www.datarobot.com.
Brian Merrill for DataRobot