Open-source data science platform Knime raises $30M to seize opportunity in generative AI

August 6, 2024: Knime Secures $30M to Expand in Generative AI - Open-source data science platform Knime has raised $30M from Invus to capitalize on the generative AI boom. The funds will enhance Knimes Analytics Platform and Business Hub, improve user experience, and support a new SaaS offering for smaller organizations. Knime, generating $32.6M annually, plans to leverage its open-source model and large user community to drive rapid adoption and innovation in data science and AI across its 400+ enterprise customer base.