Arize AI: Raises $38M in Series B Funding

Arize AI Raises $38M in Series B Funding

• 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
• The company provides an ML observability platform to track hundreds of billions of predictions per month
• The solution is used by enterprises and technology companies – including Uber, Spotify, Ebay, Instacart, Chime, Neustar, Nextdoor, New York Life, Stitch Fix, and more