DataRobot looks to enterprise AI coders with Zepl acquisition

BREAKING — AI vendor DataRobot now reported it acquired Zepl, a cloud details science and analytics system vendor.

The acquisition, DataRobot’s eighth due to the fact 2017, offers AI and equipment studying coders Zepl’s cloud-indigenous, self-provider notebook to use their possess code in Python, R and Scale though utilizing DataRobot’s company functions this sort of as collaboration, versioning and safety.

DataRobot, primarily based in Boston, did not disclose the total it paid for Zepl, primarily based in San Jose, Calif. Zepl has elevated $thirteen.1 million due to the fact it was established in 2016 by the creators of Apache Zeppelin, a well-liked open source notebook for details and analytics.

DataRobot disclosed the acquisition on the opening day of its virtual conference, AI Working experience Around the world. The vendor also released enhancements to its system, which includes Composable ML, Constant AI, No-Code AI Application Builder and Bias and Fairness Production Checking.

The Zepl invest in is the newest in a string of acquisitions by DataRobot, which elevated $270 million in November, bringing its industry valuation to a lot more than $ billion and elevating expectations that the vendor would file for an IPO.

The vendor named Dan Wright as its new CEO in March to swap co-founder Jeremy Achin.

DataRobot’s main acquisitions in current many years include things like collaborative details administration system vendor Cursor in February 2019 equipment studying design administration vendor ParallelM in June 2019 and Paxata, vendor of a self-provider details planning system, in December 2019. Also in June 2020, DataRobot acquired Boston Consulting Group’s Supply AI technological innovation and entered into a strategic partnership with the business.

Zepl elevated $four million in its most current Collection A funding round in January 2020, led by Softbank Ventures Asia and Vertex Ventures, according to Crunchbase.

Reporting in development — full story to observe.