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Axion Ray raised $17.5M in Series A funding led by Bessemer Venture Partners and RTX Ventures to expand AI capabilities and scale go-to-market efforts.

Axion Ray raised $17.5M in Series A funding led by Bessemer Venture Partners and RTX Ventures to expand AI capabilities and scale go-to-market efforts.

03/12/24, 5:59 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$17.5 million
Industry
machine learning
artificial intelligence
software
Round Type
series a
Investors
Inspired Capital, Amplo, Rtx Ventures, Bessemer Venture Partners
Axion Ray, a NYC-based provider of an AI-powered observability command center, raised $12.5M in Series A funding led by Bessemer Venture Partners including strategic investment from RTX Ventures. Existing investors, Amplo and Inspired Capital also participated. The round brought the total amount to $25M. The company intends to use the funds to further expand its AI capabilities within technical issue detection and scale its go-to-market effort to new industries.

Company Info

Company
Axion Ray
Location
new york, new york, united states
Additional Info
Axion Ray is the leading AI observability command center relied on by global manufacturing companies to detect and solve emerging quality issues affecting customers at the earliest warning signals.

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