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Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

January 8, 2015 at 4:30 AM

Seattle’s GraphLab now Dato, and $18.5 million richer

Seattle machine-learning startup GraphLab has a new name and a lot more money to invest in its growth.

The company is announcing today that it renamed itself Dato and raised $18.5 million, bringing its overall funding to $25.25 million.

GraphLab was a good name for the open-source data analysis and graphing project that Carlos Guestrin led at Carnegie Mellon University, before he moved to the University of Washington and spun out the company in 2013.

Dato reflects the evolution of GraphLab’s machine-learning platform “which now enables the creation of intelligent applications based on any type of data, including graphs, tables, text and images,” the company said in a release.

Companies using its tools include Pandora, Adobe, Zillow, PayPal and Cisco.

The new funding was led by Paul Allen’s Vulcan Capital. Also participating in the round were Opus Capital Ventures and previous investors in the company New Enterprise Associates and Madrona Venture Group.

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