Author archive for Nick Elprin, page 2

Before we get too far into 2019, I wanted to take a brief moment to reflect on some of the changes we’ve seen in the market. In 2018 we saw the “data science platform” market rapidly crystallize into three distinct product segments. This post describes our observations about these three segments and offers advice for folks evaluating products in this space.

We’re excited to announce that Sequoia Capital and Coatue Management have led a $40 million funding round for Domino, which also includes previous investors Zetta Venture Partners and Bloomberg Beta. We will be using this investment to accelerate development of new data science platform functionality, acquire talent, expand globally, and secure and deepen strategic partnerships with companies like SAS and Amazon.

Over the past few years, we’ve seen a new community of data science leaders emerge.

Over the past few years, we’ve seen a new community of data science leaders emerge.

We’re pleased to announce that Coatue Management has led a $27 million funding round for Domino, which included our previous investors Sequoia Capital, Zetta Venture Partners, and Bloomberg Beta.

More than two years ago, we wrote about the misguided fear of the cloud among many enterprise companies. How quickly things change! Today, every enterprise we work with is either using the cloud or in the process of moving there. We work with companies that insisted, just two years ago, that they “can’t use the cloud” — and are now undertaking strategic initiatives to have “real work in AWS by the end of 2017.” We see this happening across industries including finance, insurance, pharmaceuticals, retail, and even government.