Amount Raised
$38 Million
Description
Arize AI, a startup developing a platform for machine learning operations, today announced that it raised $38 million in a Series B round led by TCV with participation from Battery Ventures and Foundation Capital. Bringing Arize’s total capital raised to $62 million, CEO Jason Lopatecki says that the new cash will be used to scale R&D and double the company’s 50-person headcount over the next year.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech