What is Plotly Technologies?
Founded in 2013, Plotly Technologies is a prominent data visualization company dedicated to democratizing data science by enabling businesses to leverage interactive analytic applications and visualizations. Their platform supports multiple programming languages, making it accessible for a wide range of users. Plotly's libraries are integral to millions of users globally and are embedded within mission-critical applications across Fortune 500 companies. With over 600,000 downloads per month, Plotly's Dash framework is establishing itself as the new standard for AI and data science applications, facilitating the transition of data insights from research to actionable business intelligence.
How much funding has Plotly Technologies raised?
Plotly Technologies has raised a total of $5.5M across 1 funding round:
Series A
$5.5M
Series A (2015): $5.5M with participation from Real Ventures, Silicon Valley Bank, Rho Ventures, and MHS Capital
Key Investors in Plotly Technologies
Real Ventures
Real Ventures is a venture capital firm established in 2007 that backs visionary founders building innovative tech companies with large-scale positive impacts. They provide stage-specific help and communities to nurture entrepreneurial success.
Silicon Valley Bank
Silicon Valley Bank (SVB) offers a comprehensive suite of financial services including commercial and private banking, asset management, and investment services. Founded in 1983, SVB is a key financial partner for technology and innovation-driven companies.
Rho Ventures
Rho Ventures is a venture capital firm with a history of investing in innovation since 1981. They partner with entrepreneurs to build market-defining businesses, offering strategic value and extensive experience to support company growth.
What's next for Plotly Technologies?
The substantial enterprise-level funding indicates Plotly Technologies is poised for significant scaling and market expansion. This strategic backing will likely fuel further development of its core visualization and analytic app technologies, potentially enhancing its AI and machine learning capabilities. Expect Plotly to deepen its penetration within the Fortune 500 and other large enterprises, solidifying its position as a leader in making data science accessible and actionable. The company's focus on hyperscaling its platform suggests an ambition to capture a larger share of the growing market for interactive data analytics and business intelligence solutions.
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