Domino Data Lab, Inc. announced that it expects to receive $100 million in funding from Great Hill Partners, LP, NVIDIA Corporation, Coatue Management, L.L.C., Highland Capital Partners LLC, Sequoia Capital Operations LLC, Snowflake Ventures
October 04, 2021
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Domino Data Lab, Inc. announced that it has received $100,000,000 in a round of funding led by new investor Great Hill Partners, LP on October 5, 2021. The transaction included participation from new investor NVIDIA Corporation, including returning investors Coatue Management, L.L.C., Highland Capital Partners LLC and Highland Capital Partners LLC. The company has raised $228,000,000 in funding till date.
NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows:
- computing and networking solutions (55.9%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.;
- graphics processors (44.1%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms.
Net sales break down by industry between data storage (55.6%), gaming (33.6%), professional visualization (5.7%), automotive (3.4%) and other (1.7%).
Net sales are distributed geographically as follows: the United States (30.7%), Taiwan (25.9%), China (21.5%) and other (21.9%).
Domino Data Lab, Inc. announced that it expects to receive $100 million in funding from Great Hill Partners, LP, NVIDIA Corporation, Coatue Management, L.L.C., Highland Capital Partners LLC, Sequoia Capital Operations LLC, Snowflake Ventures