Venture Capital
The company said the acquisition and new funding will help it expand to more markets. : DataRobot announced that it is acquiring Algorithmia -- a machine learning operations platform -- and is wrapping up a $300 million Series G funding round as it tries to dominate the augmented intelligence market. DataRobot said the acquisition would help bolster the company's capabilities "to unlock value from AI through better, faster, frictionless solutions for every part of the modern enterprise."