AI startup Anaconda raises $150 million in Series C funding led by Insight Partners

Anaconda, a leading provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round led by Insight Partners, with additional participation from Abu Dhabi’s Mubadala Capital.

The funding round values the startup at $1.5 billion, Bloomberg News reported, citing a person familiar with the matter.

The company said on Thursday the fresh capital will support product development, potential acquisitions, and international expansion, as well as provide liquidity for employees.

The funding comes amid…