Pachyderm announced it has raised $16 million in Series B financing led by M12, Microsoft’s venture fund. Jon Sakoda of Decibel Ventures, an independent venture firm backed by Cisco, also joined the round alongside returning investors including Benchmark and YCombinator, among others.
M12’s investment was led by Microsoft Corporate Vice President and the fund’s Global Head Nagraj Kashyap, who will join Benchmark’s Chetan Puttagunta on Pachyderm’s board of directors.
“M12 and Decibel will prove essential to our expansion,” said Joey Zwicker, Co-founder of Pachyderm, “With their experience supporting the growth of B2B startups and their direct access to Microsoft’s and Cisco’s strength, expansive enterprise network and diversity of investments, we see them as essential partners for our next stage of growth.”
Since launching in 2014, Pachyderm’s data science platform has bec ..
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