Ardoq launches its Enterprise AI Management Solution to help organizations manage and govern AI adoption.

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Now, Ardoq — which makes enterprise architecture tools that give organizations an accurate picture not just of their digital networks, including who is working on what and when and where — has closed a round that will help it build out its own business: the startup has raised $125 million in a Series D that sources close to the company tell us values the company at over $300 million. Enterprise architecture tools are built essentially to manage that: they help get a house in order, by helping a company get an accurate picture of how a system looks, and how it is working. The company has a bit of a “mechanical turk” approach to how it works, which to me says a lot about the most effective enterprise technology. It was not that long ago that an ambitious tech company in Europe relocated to the U.S. if the aim was to scale. Bakstad and his co-founder Magnulf Pilskog came to the idea of starting Ardoq in the grand tradition of initially building a tool to fix their own problem.