February 21, 2025:
Arize AI Secures $70M for AI Observability Expansion - Arize AI secured $70 million in a Series C funding round led by Adams Street Partners, with participation from major investors like M12 and Datadog. This funding aims to advance its AI observability and LLM evaluation platform as AI adoption increases.
Arize focuses on addressing the challenge of evaluating AI models, especially those using synthetic data, by offering tools for testing and troubleshooting. Its expanding partnership with Microsoft Azure highlights its leadership in ensuring enterprise-grade AI reliability and performance.