AstronomerThe creator of the Astro data orchestration platform, blocked the D 93 million dollars series led by Bain Capital Ventures.
A round in which no valuation was announced, it also included investments Salesforce Ventures1
and existing investors, including Insight partnersIN Meritech AND Venrock.
The Astro Startup platform based in the New York start-up turned out to be helpful because AI exploded-automation and processing of data flows in various systems have develop into a necessity for anyone who desires to create AI applications.
Astronomer said that he experiences a 150% annual increase in revenues from yr to yr and has a two -year option to profitability.
“Although this is only one step in the astronomer’s journey to build a durable, lasting software company, we are excited that we can have one of our earliest investors, Bain, running a round,” said CEO Andy Byron In release. “All our investors are involved in the long -term vision of the astronomer because of our last momentum, the huge market demand for the platform we build, and macro winds that support our vision.”
Established in 2018, the company collected almost USD 376 million, on Crunchbase.
To dollars
The astronomer round (*93*) only the latest large offer in this sector, because big money still flows into artificial intelligence. Per crunchbase’s Global financing reportAI was the leading financing sector of the project in the first quarter, invested $ 59.6 billion. The first quarter was the strongest for AI financing, and the amazing 53% of global funds goes to the AI sector itself.