July 31, 2025:
Anaconda Secures $150M to Boost Python AI Development - Anaconda Inc. secured over $150 million in a Series C round led by Insight Partners, putting the company's value at $1.5 billion. The funding is intended to speed up Python-based AI projects through the Anaconda AI Platform, which simplifies AI development with Python's extensive package ecosystem.
Key features of the platform include managing Python package dependencies, cybersecurity enhancements, and compliance tracking. Anaconda plans to use the investment to improve its platform further, expand internationally, and pursue acquisitions.
