Continuum Analytics Gets $24 Million in Venture Capital

imagesContinuum Analytics has closed on $24 million in Series A funding led by General Catalyst Partners and BuildGroup.

The Austin-based startup plans to use the funds on product development, sales and marketing and community development.

Continuum makes Anaconda, the leading modern open source analytics platform built on Python, an open data science language. The company has previously received $10 million in funding from angel investors and a Defense Advanced Research Project Agency (DARPA) award. To date, the company has raised $34 million.

Continuum Analytics’ Anaconda platform has more than two million users including 200 of the Fortune 500 companies and 8,000 universities. Its customers include Boeing, Procter & Gamble, Pepsi, Schlumberger, the U.S. Department of the Treasury and the Securities and Exchange Commission.

Travis Oliphant and Peter Wang founded the company in 2012.

“The Anaconda platform continue to be a trusted standard for the world’s best data scientists and a main driver in the Python movement,” Lanham Napier, former CEO of Rackspace and now co-founder of BuildGroup, said in a statement.

Comments

  1. So proud to have played a small part in this exciting startup, especially happy that this group is dedicated to expanding the reach and influence of open source.

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