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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

DataRobot Acquires Data Collaboration Platform Cursor

February 26, 2019

BOSTON--(BUSINESS WIRE)--Feb 26, 2019--DataRobot, the leader in automated machine learning, today announced that it has acquired Cursor, a San Francisco-based company that provides a data collaboration platform which helps organizations find, understand and use data more efficiently.

After spending years at leading technology companies like LinkedIn, Salesforce and Pandora, industry veterans Adam Weinstein, Patrick Farrell and Jason McGhee founded Cursor in 2017. The team saw the opportunity to build a unified search experience across a company’s data assets — including code, metadata and insights — in order to bridge the gap between business and technical users. Cursor helps organizations better search and comprehend their data by marrying an easy-to-use data catalog with powerful tools that all users can leverage to inform immediate action. With its built-in coding environment and user-friendly data dictionary and collaboration tools, Cursor supports every level within a business.

“We’ve seen the value that gets unleashed when companies truly become data-driven,” said Weinstein, CEO of Cursor. “We are very excited to join forces with DataRobot, not only because of our common missions, but also because of our shared passion for helping people get deeper insights from their data.”

Cursor is used by hundreds of companies, including large enterprises in the technology, financial services and retail industries. As part of the acquisition, DataRobot will build a San Francisco office, expanding its presence in a geography where numerous customers already exist. DataRobot will also integrate Cursor’s technology into its automated machine learning platform.

“The Cursor technology and team are key pieces of the puzzle for DataRobot’s vision of an AI-driven world,” said Jeremy Achin, CEO of DataRobot. “The Cursor team has architected an incredible platform and shares DataRobot’s mission to build unprecedented levels of automation across the AI pipeline. We’re thrilled to have them on board.”

About DataRobot

DataRobot is the category creator and leading provider of automated machine learning. Organizations worldwide use DataRobot to empower the teams they already have in place to rapidly build and deploy machine learning models and create advanced AI applications. With a library of hundreds of the most powerful open source machine learning algorithms, the DataRobot platform encapsulates every best practice and safeguard to accelerate and scale data science capabilities while maximizing transparency, accuracy and collaboration.

By making data scientists more productive and enabling the democratization of data science, DataRobot helps organizations transform into AI-driven enterprises. With offices around the globe, DataRobot is backed by $225 million in funding from top-tier firms, including New Enterprise Associates, Sapphire Ventures, Meritech and DFJ. For more information, visit  www.datarobot.com, and join the conversation on Twitter and LinkedIn.

About Cursor

Cursor offers a data collaboration platform to help teams find, understand and use data more efficiently by leveraging the power of shared knowledge. By integrating with numerous sources of data, including databases, Business Intelligence platforms and Customer Relationship Management (CRM) systems, Cursor locates the best data for a given question while simultaneously increasing an organization’s data literacy. Founded by a trio of data leaders from Salesforce, LinkedIn and Pandora, Cursor has been adopted by enterprises around the globe.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190226005091/en/

CONTACT: Kristen Leathers

Version 2.0 Communications for DataRobot

datarobot@v2comms.com

617-426-2222

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE OTHER TECHNOLOGY

SOURCE: DataRobot

Copyright Business Wire 2019.

PUB: 02/26/2019 08:30 AM/DISC: 02/26/2019 08:30 AM

http://www.businesswire.com/news/home/20190226005091/en