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Ponder Raises $7M Seed To Revolutionize The Most Important Tool In Data Science

Mar 09, 2022•over 3 years ago

Amount Raised

$7 Million

Round Type

seed

Berkeley

Description

Ponder, a data science startup born out of UC Berkeley, announced $7 million in seed funding to develop scalable, enterprise-ready and easy-to-use machine learning and analytics tools. Lightspeed Venture Partners led the round with Intel Capital, 8VC, and The House Fund participating.

Company Information

Company

Ponder

Location

Berkeley, California, United States

About

Ponder Data Inc. provides enterprise-ready tools for rapid, flexible experimentation with data at scale. Ponder makes data teams more productive by enabling them to get insights faster with tools they know and love. Founded by UC Berkeley researchers, Ponder commercializes open-source tools, Modin and Lux, which have been downloaded millions of times. Leading data science teams—including 10 Fortune 100 companies—leverage Ponder’s technology to seamlessly accelerate their data science workloads. Ponder is backed by top investors, including Lightspeed Ventures Partners, Intel Capital, and 8VC. For more information, visit www.ponder.io.