Arize AI, a provider of AI observability and LLM evaluation platform that helps enterprises test and troubleshoot their AI products before they impact customers, raised $70 million in Series C funding to accelerate its mission of making AI work reliably in production.
Adams Street Partners led the investment round with participation from M12 (Microsoft Venture Fund), Sinewave Ventures, OMERS Ventures, Datadog, PagerDuty, Industry Ventures, Archerman Capital, Foundation Capital, Battery Ventures, TCV, and Swift Ventures.
“Building AI is easy. Making it work in the real world is the hard part,” said Jason Lopatecki, CEO and Co-Founder of Arize AI.
“Enterprises can’t afford to deploy unreliable AI. Engineering teams need better infrastructure to test, evaluate, and troubleshoot their models before they impact customers. That’s exactly what Arize delivers—whether through our enterprise platform, Arize AX, or our open-source offering, Arize Phoenix,” added Jason Lopatecki.
Since launching in 2020, Arize has onboarded many leading enterprise clients and government agencies—including Booking.com, Condé Nast, Duolingo, Hyatt, PepsiCo, Priceline, TripAdvisor, Uber, and Wayfair.
Arize AI, headquartered in Berkeley, CA, offers a unified AI observability and LLM evaluation platform that helps teams develop and maintain more successful AI. Its automated monitoring and observability platform allows teams to quickly detect issues when they emerge, troubleshoot why they happened, and improve overall performance across both traditional ML and generative use cases.