Continuum Analytics has secured a $24 million Series A funding to accelerate product development, expand sales and marketing, and continue strengthening the Python and Anaconda communities. Anaconda, the modern open source analytics platform powered by Python, enables organizations to quickly analyze, manage and visualize big data in order to make critical decisions. The round was led by General Catalyst Partners and BuildGroup.
“We are on a mission to give everyone modern Python-based technology that allows them to solve incredibly complex problems and improve the world in which we live,” Continuum CEO Travis Oliphant said in a statement. “We are thrilled to have the support and backing from General Catalyst and BuildGroup to help us bring the analytical power and flexibility of Anaconda to data explorers everywhere. General Catalyst’s tremendous experience and BuildGroup’s phenomenal mentors will open doors to new partners and customers, and allow us to continuously enhance our Anaconda platform to empower the entire spectrum of modern data scientists.”
Anaconda customers include such big names as Pepsi, Boeing, and Procter & Gamble. This brings their total funding to-date to $34 million.
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