Fiddler Labs, a Mountain View, CA-based provider of an AI experiences platform for companies, raised $10.2m in Series A funding.
The round was led by Lightspeed Venture Partners and Lux Capital, with participation from Haystack Ventures and Bloomberg Beta. In conjunction with the funding, Bilal Zuberi, Partner at Lux Capital, will be joining Fiddler’s Board.
The company intends to use the funds to continue to build its Artificial Intelligence (AI) Engine.
Founded in October 2018 by CEO Krishna Gade and CPO Amit Paka, Fiddler aims to enable businesses of all sizes to deliver AI experiences to their customers.
The company’s Explainable AI Engine enables data science, product and business users to understand, analyze, validate, and manage their AI solutions, providing experiences to their end users. The company meets the needs of a variety of stakeholders, including product owners, data scientists, business analysts and operations teams and customers include Fortune 500 companies as well as emerging tech companies.