Mode raises $23 mln led by Valor Equity Partners

San Francisco-based Mode, provider of a collaborative data science platform, announced that it has raised $23 million in a Series C round led by Valor Equity Partners. Foundation Capital and REV Venture Partners, which led the company’s Series A and B financing rounds, also participated in the latest funding. Jake Klamka, founder and CEO of Insight Data Science, and Tribe Capital also participated. The company, founded in 2013, has now raised $50 million in total capital. David Obrand, a partner at Valor, has joined the company’s board.

Source: Company announcement