RapidMiner

Cambridge, United States Founded: 2006 • Age: 20 yrs Acquired By Altair
Data science platform offered for machine learning and analytics.

About RapidMiner

RapidMiner is a company based in Cambridge (United States) founded in 2006 was acquired by Altair in September 2022. RapidMiner has raised $36.12 million across 6 funding rounds from investors including Altair, European Union and Ascent Venture Partners. RapidMiner has completed 1 acquisition, including Radoop. RapidMiner operates in a competitive market with competitors including Databricks, Sisense, Altair, Dataiku and Xebia, among others.

  • Headquarter Cambridge, United States
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Website rapidminer.com
  • Social LinkedIn X Facebook YouTube
  • Acquired by Altair (Sep 2022)
Key Metrics
  • Total Equity Funding
    $36.12M (USD)

    in 6 rounds

  • Latest Funding Round
    $528.75K (USD), Grant

    Nov 2019

  • Investors
    Altair

    & 6 more

  • Investments & Acquisitions
  • Acquired by
    Altair

    (Sep 2022)

Apps and channels of RapidMiner

its YouTube channel Altair has 17K subscribers and 30 videos.

Altair
YouTube 17K subscribers 30 videos Science & Technology
Open channel

Videos from RapidMiner

The most watched videos on RapidMiner's YouTube channel, Altair (17K subscribers). Click a video to play it here.

Altair SimSolid 2025 Release Highlights
1.3K views
Altair HyperMesh Overview
1.3K views
Altair SimSolid Overview
644 views
The Exploration Company Discuss Their Experience of Collaborating with Altair
457 views

More on Altair.

Funding Insights of RapidMiner

RapidMiner has successfully raised a total of $36.12M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $528.75 thousand completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $36.12M
  • Total Rounds 6
  • Last Round Grant β€” $528,751
  • First Round $5M

    (Nov 2013)

  • Investors Count 6

All 6 funding rounds of RapidMiner with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2019$528,751Grant––
Jan 2019$749,364Grant––
Dec 2015$16MSeries C–NGP Capital
Feb 2015$15.12MSeries B–Longworth Venture Partners, Ascent Venture Partners
Jul 2014–Grant––
Nov 2013$5MSeries A–Earlybird, OpenOcean
–
Valuation history

7 investors in total: 7 institutional.

Investors in RapidMiner

RapidMiner has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Altair, European Union and Ascent Venture Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
US focused early-stage VC firm
–ascentvp.comBedford, United States
Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
–earlybird.comBerlin, Germany
Waiting list management and analyses services in the technology sector.
–longworth.com-
Multiple sectors are invested in by OpenOcean venture capital fund.
–openocean.vcHelsinki, Finland
Venture capital firm focused on B2B companies
–ngpcap.comPalo Alto, United States
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
AI-powered data science platform enables model deployment and analytics insights.
1985altair.comTroy, United States
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Investor details for RapidMiner

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

People of RapidMiner

15 people are tracked at RapidMiner (2 in leadership, 9 in board & advisors, 4 in team).

NameRoleGroup
Randy Leblanc
VP, Customer SuccessLeadership
Peter Lee
CEO & DirectorLeadership
Andy Walter
AdvisorBoard & advisors
Jason D. Whitmire
DirectorBoard & advisors
Ralf Wahlsten
DirectorBoard & advisors
Rock Gnatovich
AdvisorBoard & advisors
Katharina Morik
AdvisorBoard & advisors
Luke Burns
DirectorBoard & advisors
Usama Fayyad
AdvisorBoard & advisors
Nilanjana Bhowmik
DirectorBoard & advisors
Upal Basu
DirectorBoard & advisors
Anika Altmann, geb.Malkowski
Office ManagerTeam
Flóra Fülöp
HR ManagerTeam
Vladimir Mikhnovich
Technical Customer Success ManagerTeam
Edin Klapic
Lead Data ScientistTeam
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Complete people profiles for RapidMiner

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by RapidMiner

RapidMiner has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Radoop.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Machine learning analytics are delivered over Hadoop platforms.
radoop.euBudapest, Hungary2011Jun 2014β€’β€’β€’β€’
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Complete acquisition details for RapidMiner

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of RapidMiner

5 dated milestones of RapidMiner across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded RapidMiner is founded.
  2. Funding First funding round of $5.0M.
  3. Acquisition Acquires Radoop.
  4. Funding Latest funding round, Grant, of $529K.
  5. Exit Acquired by Altair.

Competitors of RapidMiner

RapidMiner operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Databricks, Sisense, Altair, Dataiku and Xebia, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
databricks.com2013San Francisco, United States$15.67B3,299
Data, analytics, and AI capabilities are unified in a platform.
sisense.com2004New York, United States$274M439
Business intelligence and data analysis solutions are provided for enterprises.
altair.com1985Troy, United States$35.05M831
AI-powered data science platform enables model deployment and analytics insights.
dataiku.com2013New York, United States$1.04B–
Platform offering AI and web-based data science platform
xebia.com2001Amsterdam, Netherlands–28
IT consulting and digital transformation services are provided globally.
anaconda.com2012Austin, United States$210.09M–
Platform for data science project development and deployment is provided.
mode.net2013San Francisco, United States$44.55M–
SD-WAN, UC, and ultra-low latency solutions are optimized by Mode.
datarobot.com2012Boston, United States$1.05B453
Provider of an AI and cloud based data science platform
explorium.ai2017Tel Aviv, Israel$125.1M–
Provider of data scientist platform for developing ML models
grow.com2014Lehi, United States$28.5M1,896
Business intelligence software is provided for data-driven insights.
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Detailed competitors of RapidMiner

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of RapidMiner

The website of RapidMiner (rapidminer.com) receives about 127.3K visits a month and ranks #169,821 among all websites worldwide, #3,840 in Programming and Developer Software.

  • Monthly visits
    127.3K

    ▼ 11.6% vs previous month

  • Unique visitors
    53.6K

    per month

  • Global rank
    #169,821

    among all websites

  • Category rank
    #3,840

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with RapidMiner. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
sourceforge.net
100%
21.2M#2,042View details
rapidminer.findmysoft.com
rapidminer.findmysoft.com
93%
–––
rattle.togaware.com
rattle.togaware.com
87%
–––
kdnuggets.com
kdnuggets.com
85%
–#85,745–
smartlogic.com
84%
––View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 35 similar websites and full traffic analytics for RapidMiner

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 35 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Rapidminer

Premium access

Complete news archive for RapidMiner

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to RapidMiner

10 companies that operate in the same segment as RapidMiner (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 167.95 B––
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 66.81 B––
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B36,000
A platform for the AI community to collaborate and build.
2016Paris, FranceUSD 399.91 M––
Digital marketing, data analytics, and IT services are provided globally.
1981Bengaluru, Karnataka, India–USD 19.08 B323,580
Machine learning model development and management solutions are provided.
2017San Francisco, California, United StatesUSD 250 M–150
Provider of website, web & mobile application development, BI, and digital marketing services
2007Jaipur, Rajasthan, IndiaUSD 570.12 MUSD 102.68 M461
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M––
Enterprise observability solutions are delivered via cloud and AI platforms.
2008San Francisco, California, United StatesUSD 196.44 M––
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Frequently Asked Questions about RapidMiner

RapidMiner was founded in 2006 and raised its 1st funding round 7 years after it was founded.

RapidMiner is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

RapidMiner is a funded company, having raised a total of $36.12M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Nov 2013.

Provider of data science platform on open stack. It offers an integrated environment for machine learning, data mining, text mining, predictive analytics and business analytics. It enables customers to create a data-analytics workflow and grab data from a variety of sources without scripting using built-in connectors, then process that data to see patterns that might require action. It has applications in business, industrial education, rapid prototyping, application development and supports all steps of the data mining process including results visualization, validation and optimization.

RapidMiner's top competitors include Databricks, Altair and DataRobot.

RapidMiner has made 1 acquisition, including Radoop.

RapidMiner has 7 investors. Key investors include Altair, European Union, Ascent Venture Partners, Earlybird, and Longworth.

Yes. RapidMiner was acquired by Altair in September 2022.

The website of RapidMiner receives about 127 thousand visits a month and ranks #169,821 among all websites worldwide.

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