The story
Co-founded in Austin, Texas in 2012 as Continuum Analytics by Peter Wang and Travis Oliphant, Anaconda Inc. operates from the United States and Europe.
Anaconda Inc. developed Conda, a cross-platform, language-agnostic binary package manager. It also launched PyData community workshops and the Jupyter Cloud Notebook service (Wakari.io). In 2013, it received funding from DARPA. In 2015, the company had two million users including 200 of the Fortune 500 companies and raised $24 million in a Series A funding round led by General Catalyst and BuildGroup. Anaconda secured an additional $30 million in funding in 2021.
Continuum Analytics rebranded as Anaconda in 2017. That year, it announced the release of Anaconda Enterprise 5, an integration with Microsoft Azure, and had over 13 million users by year's end.
In 2022, the company released Anaconda Business, new integrations with Snowflake and others, and the open-source PyScript. It also acquired PythonAnywhere, while Anaconda's user base exceeded 30 million in 2022. In 2023, Anaconda released Python in Excel, a new integration with Microsoft Excel, and launched PyScript.com.
The company made a series of investments in AI during 2024. That February, Anaconda partnered with IBM to import its repository of Python packages into Watsonx, IBM's generative AI platform. The same year, Anaconda joined IBM's AI Alliance and released an integration with Teradata and Lenovo.
In 2024, Anaconda's user base reached 45 million users and Barry Libert was named company CEO, after serving on Anaconda's board of directors. He was succeeded as CEO in October 2025 by David DeSanto, who also became a company director.
In May 2025, the company introduced the first unified AI platform for Open Source, Anaconda AI Platform, a central control for AI workflows that enables customization in Python-based enterprise AI development. That July, after reaching over $150 million in a Series C funding round, Anaconda was evaluated at about $1.5 billion.
In April 2026, Anaconda acquired Outerbounds, the company behind open source AI/ML orchestration framework Metaflow. That July, the company acquired Kilo Code, an open-source AI coding agent runs via a command-line interface integrated across IDE extensions that is used by over three million developers. The company acquired AI security and compliance firm Enkrypt AI the following month. That summer, data reported over 50 million users of the platform.
From Wikipedia’s article on Anaconda (Python distribution), shared under CC BY-SA 4.0.6