Whylabs Raises $10M Series A For Its Ai Observability Platform
11/04/21, 3:00 PM
Money raised
$10 million
Industry
software
Round Type
series a
WhyLabs, a machine learning startup that was spun out of the Allen Institute last year, helps data teams monitor the health of their AI models and the data pipelines that fuel them. Last year, the startup raised a $4 million seed round and today, the team announced that it has raised a $10 million Series A round co-led by Defy Partners and Andrew Ng’s AI Fund. Existing investors Madrona Venture Group and Bezos Expeditions also participated in this round.
Company Info
Additional Info
Last year, the startup raised a $4 million seed round and today, the team announced that it has raised a $10 million Series A round co-led by Defy Partners and Andrew Ng’s AI Fund. As Visnjic noted, every company that builds AI models also struggles with transparency and observability of how they operate in production. As Visnjic noted, the company’s go-to-market approach will include a focus on educating customers about MLOps, so the company is also building out an evangelism team. ”Over the course of the last year, WhyLabs has made it easier for data teams to use its service, in large part because it launched its SaaS platform with a free self-serve tier.“A lot of our SAS work has focused on removing the configuration burden, making sure that you can just enable monitoring similarly to how you would enable monitoring of a particular compute instance,” Visnjic said. “WhyLabs is in a unique position to transform how AI is governed and MLOps is managed by any enterprise with the rapid adoption of its observability platform and data logging library,” said Neil Sequeira, founder and partner at Defy Partners who has now joined the WhyLabs board of directors.