Robotic Refactoring the Workplace
Artificial Intelligence regulations and its impact on medical devices
Data as a Business
Minimizing cyber risk through effective governance
How To Find Your Brand's Voice In An Increasingly Tech-Driven World
Dawn Lerman, Ph.D. Professor of Marketing and Executive Director, Center for Positive Marketing, Fordham University and Author of The Language of Branding: Theories, Strategies and Tactics
3 Ways to Integrate AI into Your Business Today
Rick Stanbridge, Executive Vice President And Chief Information Officer Of Marco’s Pizza
The Role Of Ai And Ml In Our Digital Future
Leonard Aukea, Head Of Machine Learning Engineering And Operations, Volvo Cars
Five Key Benefits Of Artificial Intelligence (Ai) In Nutrition...
Jarrod Anderson, Senior Director, Artificial Intelligence, Adm
Thank you for Subscribing to CIO Applications Weekly Brief

Fiddler Receives Investment from Amazon Alexa Fund

Fiddler was founded in October 2018 by CEO Krishna Gade and CPO Amit Paka. The company recently launched its Machine Learning Monitoring Suite, with capabilities including detecting data changes and anomalies and ensuring that data integrity is maintained.
FREMONT, CA: Palo Alto-based provider of explainable monitoring solutions, Fiddler, received a strategic investment from the Amazon Alexa Fund. The investment amount was not disclosed. Proceeds from the investment round will be used by Fiddler to advance its explainable monitoring solution. Fiddler and the Alexa Fund will collaborate to advance actionable insights in AI, giving businesses complete and continuous visibility into their production AI systems to ensure high-performing, responsible, and transparent AI solutions.
“AI models help businesses get powerful insights, but these models are only effective forecasters if users are able to understand how their models work and if they are trustworthy and reliable over time,” says Fiddler’s Founder & CEO, Krishna Gade. “Fiddler is the first startup to bring true explainability and continuous monitoring to the enterprise, enabling companies to effectively and responsibly manage their AI solutions at scale. An Explainable ML Monitoring system extends traditional monitoring to provide deep model insights with actionable steps. Users are able to understand the problem drivers, root cause issues, and analyze the model to prevent repeat issues.”
Fiddler was founded in October 2018 by CEO Krishna Gade and CPO Amit Paka. The company recently launched its Machine Learning Monitoring Suite, with capabilities including detecting data changes and anomalies and ensuring that data integrity is maintained. These capabilities are coupled with its Explainable AI Platform to explain, analyze, and resolve MLOps production monitoring issues. Fiddler works with many customers across industries, from Fortune 100 companies to startups in the emerging technology space.
“Fiddler is building services that are key to the evolution of explainable AI, as the company works to demystify the ‘black box’ of AI in industry verticals including financial services and social networking,” said Zain A. Gulamali of the Amazon Alexa Fund. “The Fiddler team is one of the strongest we’ve seen positioned to tackle this challenge, and we are excited to support the company as it continues to grow and address explainable AI in areas such as voice and conversational interfaces.”
Fidler also announced a strategic partnership with Lockheed Martin last week and has raised a total of USD 14 million, including a USD 3 million seed round raised in October 2018 led by Lightspeed with participation from Bloomberg Beta and Haystack. The company additionally raised USD 10.2 million in a Series A funding round led by Lightspeed and Lux capital, with continued participation from Bloomberg Beta and Haystack.
Check This Out: Top AWS Companies
Check This Out: Top Machine Learning Companies
I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info
Featured Vendors
-
Jason Vogel, Senior Director of Product Strategy & Development, Silver Wealth Technologies
James Brown, CEO, Smart Communications
Deepak Dube, Founder and CEO, Datanomers
Tory Hazard, CEO, Institutional Cash Distributors
Jean Jacques Borno, CFP®, Founder & CEO, 1787fp
-
Andrew Rudd, CEO, Advisor Software
Douglas Jones, Vice President Operations, NETSOL Technologies
Matt McCormick, CEO, AddOn Networks
Jeff Peters, President, and Co-Founder, Focalized Networks
Tom Jordan, VP, Financial Software Solutions, Digital Check Corp
Tracey Dunlap, Chief Experience Officer, Zenmonics