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Anaconda raises over $150M in Series C funding led by Insight Partners to enhance AI for enterprises and bolster its Python distribution.

Jul 31, 20254 days ago

Amount Raised

$150 Million

Round Type

series c

AustinSoftware

Investors

Mubadala CapitalInsight Partners

Description

Anaconda, Inc. announced it raised over $150M in a Series C funding round led by Insight Partners, with participation from Mubadala Capital. The company operates profitably with over $150M in annual recurring revenue. This funding comes as enterprises shift from isolated data science projects to compound AI applications

Company Information

Company

Anaconda

Location

Austin, Texas, United States

About

Anaconda is built to advance AI with open source at scale, giving builders and organizations the confidence to increase productivity, and save time, spend and risk associated with open source. 95% of the Fortune 500 including Panasonic, AmTrust Financial, Booz Allen Hamilton and over 50 million users rely on the value The Anaconda AI Platform delivers through a centralized approach to sourcing, securing, building and deploying AI. Trusted by 79% of the Global 2000, Anaconda has established itself as the gold standard for Python, data science and AI and the enterprise-ready solution of choice for AI innovation with 21 billion downloads and growing. Anaconda partners with Nvidia, AWS, Microsoft and Oracle and is backed by world-class investors including, Snowflake Ventures and Apertu Capital.

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech