Galileo Reels In $45 Million Series B

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SAN FRANCISCO <&sol;span><&sol;span><&sol;strong>&&num;8212&semi; <u>Galileo<&sol;u>&comma; a provider of generative AI evaluation and observability for enterprises&comma; has raised <span class&equals;"xn-money">&dollar;45 million<&sol;span> in Series B funding led by Scale Venture Partners&comma; with participation from Premji Invest&comma; bringing the company&&num;8217&semi;s total funding to <span class&equals;"xn-money">&dollar;68 million<&sol;span>&period;<&sol;p>&NewLine;<p>The company reports 834&percnt; revenue growth since the beginning of 2024&period; During this time&comma; the company quadrupled its number of enterprise customers and brought on six Fortune 50 companies&comma; including Comcast and Twilio&period;<&sol;p>&NewLine;<p>The surge in enterprise demand for Galileo&&num;8217&semi;s Evaluation Intelligence platform also attracted participation from strategic investors&comma; including Databricks Ventures&comma; ServiceNow Ventures&comma; Amex Ventures&comma; Citi Ventures&comma; SentinelOne Ventures&comma; as well as AI leaders like Clement Delangue&comma; CEO of HuggingFace and <span class&equals;"xn-person">Ankit Sobti<&sol;span>&comma; CTO of Postman&period; The round also includes existing investors&comma; Battery Ventures&comma; Walden Capital and Factory&period; Additionally&comma; Andy Vitus&comma; Partner at Scale Venture Partners&comma; will join Galileo&&num;8217&semi;s board&period; With this investment&comma; Galileo will scale its go-to-market strategy&comma; expand its product development efforts&comma; and double down on AI evaluation research to help AI developers build trustworthy AI applications&period;<&sol;p>&NewLine;<p>Generative AI&&num;8217&semi;s unpredictable nature poses new challenges for enterprises&comma; with the lack of reliable methods to test and measure AI accuracy and safety becoming a major barrier to its widespread adoption&period; Galileo&&num;8217&semi;s Evaluation Intelligence platform solves this by giving AI teams a scalable solution to evaluate&comma; monitor&comma; and protect their AI systems&comma; helping ensure safe and effective performance in development and production&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We started Galileo three years ago to solve AI&&num;8217&semi;s measurement problem&comma; specifically with a focus on language models&period; Using humans or LLMs to judge model responses is expensive&comma; slow&comma; and does not scale&period; Yet today these are the de-facto techniques adopted across AI teams&comma;&&num;8221&semi; said CEO and co-founder of Galileo Vikram Chatterji&period; &&num;8220&semi;Our unique research-backed approach and carefully crafted UX has seen massive adoption across enterprises to unblock and grow GenAI application development&period; The new funding will allow us to greatly accelerate our development to meet the increasing demand&period;&&num;8221&semi;<&sol;p>&NewLine;<p><b>Galileo&&num;8217&semi;s growth has been driven by three major trends in the AI landscape&colon;<&sol;b><&sol;p>&NewLine;<ul >&NewLine;<li>First&comma; enterprise adoption of generative AI &lpar;GenAI&rpar; is surging—Gartner projects that by 2026&comma; over <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4277938-1&amp&semi;h&equals;2240697065&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;gartner&period;com&percnt;2Fen&percnt;2Fnewsroom&percnt;2Fpress-releases&percnt;2F2023-10-11-gartner-says-more-than-80-percent-of-enterprises-will-have-used-generative-ai-apis-or-deployed-generative-ai-enabled-applications-by-2026&amp&semi;a&equals;80&percnt;25&plus;of&plus;enterprises&plus;" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">80&percnt; of enterprises <&sol;a><&sol;u>will have integrated GenAI APIs or deployed GenAI-enabled applications in production&period;<&sol;li>&NewLine;<li>Second&comma; as AI becomes accessible to 30 million software developers—not just machine learning engineers and data scientists—many teams lack a standardized framework to evaluate the accuracy and safety of their AI solutions&period; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4277938-1&amp&semi;h&equals;3344437850&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;amplifypartners&period;com&percnt;2Fblog-posts&percnt;2Fai-engineering-survey&amp&semi;a&equals;A&plus;recent&plus;report" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">A recent report<&sol;a><&sol;u> found that evaluation is the second greatest challenge in deploying production AI&comma; after serving costs&comma; with nearly 50&percnt; of organizations relying on subjective human feedback and review&period;<&sol;li>&NewLine;<li>Third&comma; as teams adopt advanced AI methods like RAG &lpar;Retrieval-Augmented Generation&rpar; and agentic workflows&comma; the need for robust evaluation tools is only intensifying&comma; driving demand for Galileo&&num;8217&semi;s platform to ensure reliable and effective AI deployments&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>&&num;8220&semi;Traditional evaluation methods&comma; such as human evaluations or using LLMs as judges&comma; fall short for enterprise use cases&comma;&&num;8221&semi; said Jim Nottingham&comma; SVP &amp&semi; Division President&comma; Advanced Compute Solutions&comma; HP Inc&period; &&num;8220&semi;Galileo&&num;8217&semi;s rapid innovation and focus on overcoming the biggest evaluation hurdles— from accuracy to bias &&num;8211&semi; provides a complete view of how Gen AI apps are performing&comma; which is why they&&num;8217&semi;ve become a critical part of our Z by HP AI Studio&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Galileo provides enterprises with an end-to-end platform that enables teams to use more accurate and trustworthy AI&period; Galileo developed the first Evaluation Intelligence Platform&comma; that embeds research-backed evaluation metrics across the entire GenAI stack and workflow&comma; giving teams the visibility and control they need to build&comma; deploy&comma; test&comma; monitor&comma; and secure their AI system&period;<&sol;p>&NewLine;<p>&&num;8220&semi;As GenAI continues to be adopted in enterprises globally&comma; the need for accurate&comma; fast&comma; and cost-efficient evaluations has become even more important&comma;&&num;8221&semi; said Andy Vitus&comma; Partner at Scale&period; &&num;8220&semi;Galileo&&num;8217&semi;s founders were solving this measurement problem at Google AI&comma; Google Brain&comma; and Uber AI for years&period; Now with a talented team&comma; cutting edge AI evaluation research&comma; and well-designed platform&comma; Galileo has established itself as a leader in AI Evaluations and Observability&period; We look forward to working with Galileo during its next phase of growth&period;&&num;8221&semi;<&sol;p>&NewLine;

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