Fiddler Raises $32M in Series B Funding

Fiddler AI, a Palo Alto, Calif.-based provider of a Model Performance Management platform, raised $32m in Series B funding.

The round was led by Insight Partners with participation from existing investors Lightspeed Venture Partners, Lux Capital, Haystack Ventures, Bloomberg Beta, Lockheed Martin, and The Alexa Fund. In conjunction with the funding, George Mathew, Managing Director at Insight Partners, will join Fiddler’s Board.

Founded in 2018 by CEO Krishna Gade, Chief Product Officer Amit Paka, and Chief Architect Manoj Cheenath, Fiddler Fiddler provides data science, product, and business users with an AI powered model performance management platform to understand, analyze, validate, and manage their AI solutions, and deploy machine learning (ML) models in production responsibly.

The company’s customers include financial organizations and technology platforms, a leading e-commerce platform, a gaming company, the ad-tech company, BigaBid, and more.