GoKawiilArena raises $200M Series B at $3.1B valuation, adds AI alignment rankings
Arena, the crowdsourced AI model ranking platform that began as a UC Berkeley research project in 2023, announced a $200 million Series B funding round at a $3.1 billion valuation. The raise follows a $150 million Series A in January at a $1.7 billion valuation, when annualized revenue stood at $30 million; the company says that figure has since hit $100 million. The round was led by Lightspeed Venture Partners and Khosla Ventures, with participation from Salesforce Ventures, Dell Technologies Capital, a16z and others, and Arena also introduced a new alignment category to its leaderboard.