Arize AI, a Berkeley, CA-based machine learning observability company, raised $38m in Series B funding.
The round was led by TCV with participation from existing investors Battery Ventures, Foundation Capital, and Swift Ventures.
The company intends to use the funds to expand operations, development efforts and its business reach.
Launched in 2020, Arize provides an ML observability platform to track hundreds of billions of predictions per month. Arize enables ML engineering teams to streamline troubleshooting efforts with purpose-built workflows and analytics for model performance management, drift detection, data quality checks, and model validation. It also enables users to log models with both structured and unstructured data to the platform for monitoring.
The solution is used by enterprises and technology companies – including Uber, Spotify, Ebay, Instacart, Chime, Neustar, Nextdoor, New York Life, Stitch Fix, and more.
FinSMEs
09/09/2022