Dataminr Raises $475M Series F Financing

March 23, 2021Client News

Gunderson Dettmer represented client Dataminr, a real-time AI platform for event and risk detection, in its $475 million Series F financing. The new funding values the company at $4.1 billion.

In the announcement of the transaction, founder and CEO of Dataminr Ted Bailey said that the company will be using the money to continue growing its business in existing areas: adding more corporate customers, expanding in international sales and expanding its AI platform.

The Gunderson deal team was led by Dan O’Connor and Joe Raffetto, and also included Katie Gardner, Stephanie Lane, Travis Glock, Rosie Stein, Amanda Ferber and Linh Trinh.