Saturday, December 14, 2024

Arize AI: Raises $19M in Series A Financing

Arize AI Raises $19M in Series A Financing

  • Arize AI, a Berkeley, Calif.-based leader in ML observability and model monitoring, raised $19m in Series A financing
  • The round was led by Battery Ventures with participation from previous investors Foundation Capital, Trinity Ventures, The House Fund and Swift Ventures
  • In conjunction with the funding, Dharmesh Thakker, general partner at Battery Ventures, will join the ArizeAI board
  • The company intends to use the funds to continue to expand operations and its business reach
  • ArizeAI is a Machine Learning Observability platform that helps ML practitioners take models from research to production with ease
  • ArizeAI has gained traction among enterprises such as Adobe and Twilio that are looking to ensure production models perform as designed in the research and building phase

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