yea it should work with any daw that can read it.
I'd do a bit of digging to see if it is compatible with other daws though.
and quite honestly, that's more of a performance based midi controller. if you'd combine it with the apc40 mini/apc 40 and you'd be in pretty good shape for doing live stuff with ableton.
Though, even though it's more performance related, it still seems to be a good tool to have in the studio.
I'd personally would want a nice midi keyboard with weighted/semi weighted keys. I currently roll with an m audio 49 key midi controller and an mpd18. that literally have all i'll need to make beats with.
But considering how you'd want to control your automation, you might need more knobs and faders. I know i am good with just a few faders and always just write in my automation.
but that's a perspective you should consider