Enterprise AI company Dataiku has announced some changes in its capitalization table. CapitalG (formerly Google Capital), Alphabet’s growth equity investment fund, is investing in the startup by buying out some of Serena Capital’s shares.

Serena Capital has been an investor in Dataiku since 2014. “Serena was looking for a bit of liquidity. They invested in Dataiku when the valuation was 100 times less than what it is following today’s transaction,” Dataiku co-founder and CEO Florian Douetteau told me.

Serena is still keeping a stake in Dataiku and a board seat. CapitalG has acquired those secondary market shares at a valuation of $1.4 billion.”

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