Orrick Advises Dataiku on $400 Million Series E, Valuing Company at $4.6 Billion

August.05.2021

Version française : Orrick conseille la licorne française Dataiku, spécialiste du big data, sur sa nouvelle levée de fonds de 400 millions de dollars

Congratulations to our client Dataiku, an enterprise artificial intelligence and machine-learning platform, on its $400 million Series E financing round. Led by Tiger Global, the round included existing investors ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures and Dawn Capital, as well as new investors Insight Partners, Eurazeo, Lightrock and Datadog CEO Olivier Pomel. This latest round brings Dataiku’s valuation to $4.6 billion.

Originally based in Paris, France, Dataiku expanded to New York in 2015 and currently has its headquarters there. A cross border team from Orrick’s Paris and US offices advised Dataiku on the round. The Orrick team was led by John Bautista and Samir Bakhru, and includes Alexis Savini, Ashley Walter, Rena Kakon, Marie-Laure Combet, Paul Klimos and Ben Cichostepski. Orrick previously advised Dataiku on its $100 million Series D round in August 2020, as well as on the sale of its secondary market shares held by Serena Capital to CapitalG in 2019.

Related Lawyers

John Bautista Partner, Technology Companies Group, Mergers & Acquisitions

San Francisco; Santa Monica; Silicon Valley

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D:+1 650 614 7652
E: [email protected]

Practice:

Technology & Innovation Sector
Technology Companies Group
Mergers & Acquisitions
Corporate Governance
Fintech
Blockchain and Virtual Currency

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John Bautista Partner

San Francisco; Santa Monica; Silicon Valley

John focuses his practice on advising emerging companies and investors, and represents both public and private high-tech and life sciences companies in many areas, including corporate and securities law, venture capital financings, mergers and acquisitions, public offerings, public company representation and technology licensing.

The Recorder named John the “2019 Innovator of the Year” for his work as the chief lawyer on the Long-Term Stock Exchange, a U.S. Securities and Exchange Commission-approved exchange designed to change the paradigm of traditional stock markets by rewarding entrepreneurs and investors committed to long-term business strategies. Financial Times recognized John as one of the Top 10 Most Innovative Individuals of the Year in 2017, calling him “one of the most influential lawyers in the technology ecosystem of Silicon Valley.” He is ranked Band 2 by Chambers USA California, for Venture Capital and Chambers USA Nationwide, ranked him Band 3 for Startups & Emerging Companies.

John is a Board member and co-founder of the Long-Term Stock Exchange, which is creating a new stock exchange for public companies supporting long-term investors, as well as an advisor and co-founder of Clerky.com, a company automating legal work for early-stage companies. He is also recognized for his work with Y Combinator companies.

Prior to joining Orrick, John was a founding attorney of Venture Law Group and served on the Executive Committee. John previously practiced at Wilson, Sonsini, Goodrich & Rosati. John also served as Mayor of the City of Cupertino, California and a council member from 1993-1997, where he helped build important public partnerships, including with Apple Computer, the Mid-Peninsula Open Space Preserve, and San Jose and California Water Companies.

Samir R. Bakhru Partner, Technology Companies Group

New York

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D:+1 212 506 3771
E: [email protected]

Practice:

Technology Companies Group

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Samir R. Bakhru Partner

New York

Samir has represented early and late stage companies in over $7 billion worth of venture financings and has advised clients in over $5 billion worth of M&A transactions. He has experience in advising founders on structuring their companies to maintain control and frequently counsels executive teams in maintaining and managing a successful board of directors.

Samir’s notable company-side representations include K Health, Dataiku, Beacon Platform, Betterment, Chime, Vise Technologies, Warby Parker, Codecademy, Merama, Genius, ResearchGate, Spell, Frontier Car Group (until sold), Insomnia Cookies (until sold), Sailthru (until sold), Teachable (until sold), and Upworthy (until sold), among others.

In addition to his company-side representations, Samir has represented leading venture capital firms and other strategic investors, including Bessemer Venture Partners, Charles River Ventures, Coatue Management, Heavybit Industries, TPG Growth, Vista Equity Partners, Walden Venture Capital, Warburg Pincus, and Y Combinator Continuity Fund.

Before joining Orrick, Samir was an Associate at Cravath, Swaine & Moore LLP in the General Corporate and M&A group.

Related Areas

Technology Companies Group