Galileo Raises $45 Million in Series B

by Kay Aloha Villamor in October 21st, 2024

Galileo, a San Francisco, CA-based platform for enterprise GenAI evaluation and observability, has raised $45 million in Series B funding. 

Investors 

The round was led by Scale Venture Partners, with participation from Premji Invest, Databricks Ventures, and others, bringing Galileo's total funding to $68 million. 

Scale Venture Partners is a venture capital firm focused on the next generation of enterprise software companies building AI-enabled applications. They typically invest in Series A and Series B rounds. Based in Foster City, California, the firm prefers to invest in companies within the artificial intelligence, fintech, infrastructure, productivity, SaaS, security, and vertical sectors. 

Galileo Use of Funds 

The company plans to use the funding to expand product development, enhance AI evaluation research, and scale its go-to-market strategy. 

About Galileo 

Galileo specializes in generative AI evaluation and observability for enterprises. The company developed an Evaluation Intelligence platform that embeds research-backed evaluation metrics across the entire GenAI stack and workflow. Powered by Evaluation Foundation Models (EFMs), Galileo's platform supports AI teams throughout the development lifecycle—from building and iterating to monitoring and protection. Its enterprise customers include six Fortune 50 companies, such as Comcast and Twilio. 

Funding Details 

Company: Galileo Technologies, Inc. 

Raised: $45.0M 

Round: Series B  

Funding Date: October 2024 

Lead Investor: Scale Venture Partners 

Additional Investors: Premji Invest, Databricks Ventures 

Company Website: https://www.galileo.ai/  

Software Category: GenAI Evaluation and Observability 

Source: https://www.prnewswire.com/news-releases/galileo-raises-45m-series-b-funding-to-bring-evaluation-intelligence-to-generative-ai-teams-everywhere-302276383.html 

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