Total raised
$18.5M
Last: Series A 2020-12
Stage
Acquired
Founded
2018
Headcount
36
HQ
Tel Aviv-Yafo
Sector
Business Software
About
Databand offers a software platform for agile machine learning development. The company aims to help data scientists and data engineers build solutions quickly, iterate easily, and productize improvements. While todays classic software market is saturated with DevOps and CI/CD tools to help move code from development to production, machine learning development requires specialized solutions. Databand addresses this gap with a framework that provides cross-team standardization and complete visibility for all project stakeholders.
Funding history · 2 rounds · $18.5M total
2020-12
Series A
$14.5M
2018-05
Seed
$4.0M
Company Intelligence Q&A
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- What is Databand's primary business offering?
- Databand offers a software platform designed for agile machine learning development, helping data scientists and engineers build, iterate, and productize solutions.
- When was Databand founded and where is it headquartered?
- Databand was founded in July 2018 and is headquartered in Tel Aviv-Yafo, Israel.
- What was Databand's status as of June 2022?
- As of June 2022, Databand was acquired by IBM and is now inactive.
- How much total funding did Databand raise before its acquisition?
- Databand raised a total of $18,500,000 across its funding rounds.
- When did Databand complete its Seed funding round and who were the lead investors?
- Databand completed a Seed funding round in May 2018, with Blumberg Capital as a lead investor.
- When did Databand complete its Series A funding round and who were the lead investors?
- Databand completed a Series A funding round in December 2020, with Accel as a lead investor.
- How many employees did Databand have at the time of its acquisition?
- Databand had 36 employees at the time of its acquisition.
- Who are the co-founders of Databand?
- The co-founders of Databand are Josh Benamram, Victor Shafran, and Evgeny Shulman.
- What was the reported acquisition price of Databand by IBM?
- IBM reportedly acquired Databand.ai for $150,000,000 in June 2022.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsSoftware Development ToolsProduct Development ToolsData Analysis & Decision Support
Technologies
Artificial IntelligenceMachine LearningDeep LearningPlatforms & InterfacesWeb
Target customers
Enterprise & Professional ServicesITData CentersSoftware Development
Business model
B2B
Tags
artificial-intelligencemachine-learningweb-developmententerprise-solutionsdevelopersai-process-optimization