Knime, a Zurich-based AI and data science firm, secured $30M in additional funding.

The funding round was led by Invus, raising Knime's total funding to $50M. The company plans to enhance its enterprise-grade AI governance and ModelOps capabilities.

Knime, led by CEO Michael Berthold, will use the funds to support product development and stay ahead in the rapidly innovating field of data science and AI.

The company has grown its revenue to €30M since 2017, serving nearly 400 customers with a global team of 250 employees.