Latest news with #AnacondaAIPlatform
Channel Post MEA
4 days ago
- Business
- Channel Post MEA
Anaconda Raises Over $150M in Series C Funding
Anaconda has announced that it raised over $150M in a Series C funding round led by Insight Partners, with participation from Abu Dhabi's Mubadala Capital. The company operates profitably with over $150M in annual recurring revenue (ARR) as of July 2025. This news comes on the heels of Anaconda's newly launched AI Platform as well as a recently announced partnership with Databricks, the data and AI company. Since its founding in 2012, Anaconda has been one of the most trusted and widely used Python distribution platforms, with over 21 billion downloads and 50 million users. Today, 95% of Fortune 500 companies and more than 10,000 large enterprises rely on Anaconda to build and manage AI systems effectively. The infusion of capital comes at a pivotal moment as enterprises shift from isolated data science projects to building compound AI applications, validating Anaconda's mission to empower organizations and builders to innovate with data through a unified open source ecosystem for enterprise Python—the coding language that has become synonymous with AI development. 'As agents and compound AI systems gain traction, companies need a foundational platform to effectively manage key open source artifacts and components to drive fast, scalable innovation. Anaconda takes this a step further by layering simplicity and security to AI in enterprise landscapes,' says George Mathew, Insight Partners Managing Director. 'As enterprises move from specialized data science to generalized AI systems, we believe Anaconda is incredibly well-positioned for this generational shift.' As Python surpassed Java to become the most widely adopted programming language in the world, Anaconda unveiled the Anaconda AI Platform to deliver trusted software packages, development environments, and AI tools, along with simplified workflows, secure AI capabilities, and actionable insights. This comprehensive approach can boost practitioner productivity while saving enterprises time, money, and risk as they navigate their AI journey. Looking ahead, Anaconda is positioned to grow beyond package management to become a comprehensive model hub where organizations can securely access and manage all their AI building blocks, from models and datasets to libraries and dependencies, all purpose-built for Python development. To support this expanded vision, Anaconda has strengthened its leadership team with seasoned executives who bring deep expertise in scaling enterprise technology organizations. Laura Sellers has joined as Chief Product and Technology Officer (CPTO), Jane Kim as Chief Commercial Officer (CCO), and Barry Russell as Senior Vice President of Partnerships. Together, they bring decades of combined experience in product innovation, revenue growth, and strategic partnerships, positioning Anaconda to accelerate its mission as enterprises shift from isolated data science projects to building compound AI applications. 'Anaconda is uniquely positioned in the AI market, providing proven, curated, and verified packages that accelerate deployments with confidence,' said CPTO Laura Sellers. 'I'm eager to expand on the great work the team has already done to extend the power of Python, foster community, and offer the choice and customization that individual and enterprise users need to build and scale data science, machine learning, and AI projects.' Capital will also be invested in new AI features, strategic acquisitions, and to fuel Anaconda's global expansion into new markets. Additionally, the funding will offer liquidity options for current and former employees, driving the company's continued momentum and growth.
Business Wire
31-07-2025
- Business
- Business Wire
Anaconda Raises Over $150M in Series C Funding to Power AI for the Enterprise
AUSTIN, Texas--(BUSINESS WIRE)-- Anaconda, Inc., the company committed to advancing AI with open source at scale, today announced that it raised over $150M in a Series C funding round led by Insight Partners, with participation from Mubadala Capital. The company operates profitably with over $150M in annual recurring revenue (ARR) as of July 2025. The infusion of capital comes at a pivotal moment as enterprises shift from isolated data science projects to building compound AI applications. This news comes on the heels of Anaconda's newly launched AI Platform as well as a recently announced partnership with Databricks, the data and AI company. Since its founding in 2012, Anaconda has been one of the most trusted and widely used Python distribution platforms, with over 21 billion downloads and 50 million users. Today, 95% of Fortune 500 companies and more than 10,000 large enterprises rely on Anaconda to build and manage AI systems effectively. The infusion of capital comes at a pivotal moment as enterprises shift from isolated data science projects to building compound AI applications, validating Anaconda's mission to empower organizations and builders to innovate with data through a unified open source ecosystem for enterprise Python—the coding language that has become synonymous with AI development. 'As agents and compound AI systems gain traction, companies need a foundational platform to effectively manage key open source artifacts and components to drive fast, scalable innovation. Anaconda takes this a step further by layering simplicity and security to AI in enterprise landscapes,' says George Mathew, Insight Partners Managing Director. 'As enterprises move from specialized data science to generalized AI systems, we believe Anaconda is incredibly well-positioned for this generational shift.' As Python surpassed Java to become the most widely adopted programming language in the world, Anaconda unveiled the Anaconda AI Platform to deliver trusted software packages, development environments, and AI tools, along with simplified workflows, secure AI capabilities, and actionable insights. This comprehensive approach can boost practitioner productivity while saving enterprises time, money, and risk as they navigate their AI journey. Looking ahead, Anaconda is positioned to grow beyond package management to become a comprehensive model hub where organizations can securely access and manage all their AI building blocks, from models and datasets to libraries and dependencies, all purpose-built for Python development. To support this expanded vision, Anaconda has strengthened its leadership team with seasoned executives who bring deep expertise in scaling enterprise technology organizations. Laura Sellers has joined as Chief Product and Technology Officer (CPTO), Jane Kim as Chief Commercial Officer (CCO), and Barry Russell as Senior Vice President of Partnerships. Together, they bring decades of combined experience in product innovation, revenue growth, and strategic partnerships, positioning Anaconda to accelerate its mission as enterprises shift from isolated data science projects to building compound AI applications. "Anaconda is uniquely positioned in the AI market, providing proven, curated, and verified packages that accelerate deployments with confidence," said CPTO Laura Sellers. "I'm eager to expand on the great work the team has already done to extend the power of Python, foster community, and offer the choice and customization that individual and enterprise users need to build and scale data science, machine learning, and AI projects." Capital will also be invested in new AI features, strategic acquisitions, and to fuel Anaconda's global expansion into new markets. Additionally, the funding will offer liquidity options for current and former employees, driving the company's continued momentum and growth. About Anaconda Anaconda is built to advance AI with open source at scale, giving builders and organizations the confidence to increase productivity, and save time, spend and risk associated with open source. 95% of the Fortune 500 including Panasonic, AmTrust, Booz Allen Hamilton and over 50 million users rely on the value The Anaconda AI Platform delivers through a centralized approach to sourcing, securing, building, and deploying AI. With 21 billion downloads and growing, Anaconda has established itself as the gold standard for Python, data science, and AI and the enterprise-ready solution of choice for AI innovation. Anaconda is backed by world-class investors including Insight Partners. Learn more at About Insight Partners Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit or follow us on X @insightpartners.
Business Wire
13-05-2025
- Business
- Business Wire
Anaconda Unveils the First Unified AI Platform for Open Source
AUSTIN, Texas--(BUSINESS WIRE)-- Anaconda Inc., the leader in advancing AI with open source, today announced the release of the Anaconda AI Platform, the only unified AI platform for open source that centralizes everything you need to source, secure, build, and deploy AI in an open source ecosystem. Recently recognized as an Enterprise Leader in G2's Spring 2025 Report for Data Science and Machine Learning, the Anaconda AI Platform provides proven security and governance when leveraging open source for AI development, empowering enterprises to build reliable, innovative AI systems without sacrificing speed, value, or flexibility. As the only AI platform for open source, the Anaconda AI Platform combines trusted distribution, simplified workflows, real-time insights, and governance controls in one place to deliver secure and production-ready enterprise Python. Share As the only AI platform for open source, the Anaconda AI Platform combines trusted distribution, simplified workflows, real-time insights, and governance controls in one place to deliver secure and production-ready enterprise Python. Given Python's prevalence as the language of choice for AI programming, this synergy gives users an unparalleled advantage, resulting in greater productivity, less risk, and a clearer path to value. Many organizations are turning to open source solutions, wit h 50% of data science practitioners leveraging open source and 66% of IT administrators stating op en-source software is utilized at their companies, to speed up AI initiatives and build more flexible technology ecosystems. However, managing open source packages requires careful consideration for security, efficiency, and compliance challenges. The Anaconda AI Platform empowers organizations to leverage open source as a strategic business asset, providing the essential guardrails that enable responsible innovation while delivering documented ROI and enterprise-grade governance capabilities. 'Until now, there hasn't been a single destination for AI development with open source, which is the backbone for inclusive and innovative AI,' said Peter Wang, Chief AI and Innovation Officer and Co-founder, Anaconda. 'We're not only offering enterprises streamlined workflows, enhanced security, and substantial time savings with the Anaconda AI Platform, but ultimately, choice. Enterprises can now customize their AI journey with the first unified AI platform for open source, accelerating AI innovation and real-time insights.' The Anaconda AI Platform enables enterprises to build once and deploy anywhere safely and at scale. In a recently commissioned Total Economic Impact™ Study conducted by Forrester Consulting, a composite organization representative of interviewed customers with experience using Anaconda saw a 119% ROI and $1.18M in benefits within three years, with improved operational efficiency (80% improvement worth $840,000, according to the Forrester study) and enterprise-powered security (Anaconda provided an 80% reduction in time spent on package security management and a 60% reduction in security breach risk, according to the Forrester study). "At Vantage West Credit Union, we're committed to delivering innovative financial solutions while safeguarding our members' sensitive data. The Anaconda AI Platform has transformed how we approach AI development by providing the enterprise-grade security controls we need without sacrificing innovation speed," said Jim Jenkins, Vice President and Information Security Officer at Vantage West Credit Union. "As a financial institution, we face stringent regulatory requirements and can't afford security compromises, even as we accelerate our AI initiatives. With comprehensive vulnerability scanning and governance capabilities, Anaconda has become an essential partner in our digital transformation journey." The Anaconda AI Platform eliminates environment-specific barriers, enabling teams to create, innovate, and run AI applications across on-premise, sovereign cloud, private cloud, and public cloud on any device without reworking code for each target. The platform is now available on AWS Marketplace for seamless procurement and deployment. Additional features include: Trusted Distribution: The platform expands development possibilities with access to 3x more open source packages compatible with Anaconda Distribution, all within our comprehensive governance framework that ensures security compliance. Quick Start Environments accelerate innovation with pre-configured, security-vetted workspaces specifically tailored for Python, Finance, and AI/ML development, enabling teams to focus on creating value rather than managing configurations. Secure Governance: Enterprise Single Sign-On (SSO) delivers robust identity governance that seamlessly integrates with existing tech stacks, ensuring consistent security enforcement across your entire AI ecosystem while dramatically reducing compliance risk and administrative overhead. This enterprise-grade protection enables organizations to safely scale AI initiatives with confidence. Actionable Insights: With centralized Error Tracking and Logging, teams identify and resolve issues faster through real-time monitoring across workflows, while robust Governance features provide audit trails that support compliance with regulatory requirements including GDPR, HIPAA, and CCPA. Package Auditing capabilities enable organizations to track usage patterns, identify vulnerabilities, and generate detailed audit logs that ensure compliance while optimizing resource allocation across the enterprise. 'The Anaconda AI Platform addresses the evolving needs of our ever-growing user base,' said Laura Sellers, Co-President and Chief Product and Technology Officer, Anaconda. 'Last year, Anaconda customers quadrupled to over one million, underscoring the need for more efficient, secure, and integrated package security management for AI innovation with open source. We are focused on giving everyone the confidence and clarity they need to accomplish their data science and AI goals.' Schedule a demo to learn more about how the Anaconda AI Platform can help enterprises develop and deploy secure Python solutions at speed and scale. About Anaconda Anaconda is built to advance AI with open source at scale, giving builders and organizations the confidence to increase productivity, and save time, spend, and risk associated with open source. 95% of the Fortune 500 including Panasonic, AmTrust Financial, Booz Allen Hamilton, and over 50 million users rely on the value the Anaconda AI Platform delivers through a centralized approach to sourcing, securing, building, and deploying AI. Trusted by 79% of the Global 2000, Anaconda has established itself as the gold standard for Python, data science, and AI and the enterprise-ready solution of choice for AI innovation with 21 billion downloads and growing. Anaconda partners with Nvidia, AWS, Microsoft, and Oracle and is backed by world-class investors including, Snowflake Ventures and Apertu Capital. Learn more at
