Anaconda Inc., an AI startup specialising in data science and machine learning tools, has secured a new funding round, pushing its valuation to $1.5 billion. The company provides a platform for developing and deploying data science projects, offering resources such as Anaconda Hub and AI Navigator.
Founded in 2012, Anaconda has established itself as a key player in the open-source AI landscape. The platform supports millions of users, including individual data scientists and large enterprises. Anaconda's tools facilitate the sourcing, building, and deployment of AI initiatives.
Recent integrations with platforms like Microsoft Excel and IBM Watsonx highlight Anaconda's continued expansion and investment in the AI space. The funding will be used to accelerate innovation and expand the reach of its open-source ecosystem.