Fiddler Raises $32 Million In Series B Funding As It Leads The Market Of Machine Learning Explainability And Performance Management

Jun 17, 2021•about 4 years ago

Amount Raised

$32 Million

Round Type

series b

Palo AltoSoftware

Description

Fiddler AI announced it has raised $32 million in Series B funding to give teams everywhere access to Fiddler's Model Performance Management platform powered by Explainable AI to enable them to build Responsible AI in production. The round was led by global venture capital and private equity firm Insight Partners with participation from existing investors, Lightspeed Venture Partners, Lux Capital, Haystack Ventures, Bloomberg Beta, Lockheed Martin, and The Alexa Fund.

Company Information

Company

Fiddler Labs

Location

Palo Alto, California, United States

About

Fiddler is a pioneer in AI Observability for responsible AI. The unified environment provides a common language, centralized controls, and actionable insights to operationalize ML models and GenAI and LLM applications with trust. Monitoring, analytics, and explainable AI capabilities address the unique challenges of building in-house stable and secure LLM and MLOps at scale. Fiddler helps you grow into advanced capabilities over time and build a framework for responsible AI practices. Fortune 500 organizations use Fiddler across pre-production and production to deliver high performance AI, reduce costs, and be responsible in governance.

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