Paxata
Latest round
- Series C
Last raised
- Dec 2016
Total raised
- $55M
Investors
- 11
About Paxata
Paxata, Inc.Founded in 2012 and headquartered in Redwood City, US, Paxata, Inc. specializes in data preparation, allowing users to efficiently prepare and analyze their data. The company was acquired by DataRobot, Inc. on December 12, 2019. Prakash Nanduri serves as both the CEO and founder, leading the company to its acquisition by DataRobot, a prominent player in the artificial intelligence industry.Paxata offers sophisticated data preparation solutions that streamline the process of transforming raw data into structured formats suitable for analysis. Their platform assists organizations in efficiently managing data workflows, facilitating collaboration among users, and ensuring data quality.Paxata operates on a subscription-based revenue model, where clients pay for access to its data preparation tools. Typically, contracts are arranged annually, with pricing tiers based on user numbers or data volume processed, allowing organizations to select plans that cater to their specific needs.Post-acquisition, Paxata intends to leverage DataRobot's resources to enhance its product suite, with a focus on launching new features that improve automated data preparation capabilities. The company aims to expand its market presence, particularly targeting sectors that leverage advanced analytics.
Who invested in Paxata
11 investors across 4 rounds
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Questions about Paxata
Who invested in Paxata?
Paxata has 11 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Paxata raised?
Paxata has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Paxata last raise money?
Paxata's most recent round on record is a Series C, in Dec 2016.
What does Paxata do?
Paxata is a software company.
Where is Paxata headquartered?
Paxata is headquartered in Redwood City, US.
Which VCs invest in companies like Paxata?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Paxata's stage. Their profiles are linked below.
VCs backing software startups at Series C
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