AI startup Anaconda raises $150 million in Series C funding led by Insight Partners

Anaconda, a leading provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round led by Insight Partners, with additional participation from Abu Dhabi’s Mubadala Capital.

The funding round values the startup at $1.5 billion, Bloomberg News reported, citing a person familiar with the matter.

The company said on Thursday the fresh capital will support product development, potential acquisitions, and international expansion, as well as provide liquidity for employees.

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