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Galileo Raises $45M Series B Funding to Bring Evaluation Intelligence to Generative AI Teams Everywhere

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Led by Scale Venture Partners, the $45M investment—the largest Series B in AI Evaluation and Observability to date —follows 834% revenue growth in 2024 and expansion into the Fortune 50

SAN FRANCISCO, Oct. 15, 2024 /PRNewswire/ — Galileo, a leader in generative AI evaluation and observability for enterprises, today announced it raised $45M in Series B funding led by Scale Venture Partners, with participation from Premji Invest, bringing the company’s total funding to $68M. This comes at a time of explosive growth for the company, which has seen 834% revenue growth since the beginning of 2024. During this time, the company quadrupled its number of enterprise customers and brought on six Fortune 50 companies, including Comcast and Twilio.

The surge in enterprise demand for Galileo’s Evaluation Intelligence platform also attracted participation from strategic investors, including Databricks Ventures, ServiceNow Ventures, Amex Ventures, Citi Ventures, SentinelOne Ventures, as well as AI leaders like Clement Delangue, CEO of HuggingFace and Ankit Sobti, CTO of Postman. The round also includes existing investors, Battery Ventures, Walden Capital and Factory. Additionally, Andy Vitus, Partner at Scale Venture Partners, will join Galileo’s board. With this investment, Galileo will scale its go-to-market strategy, expand its product development efforts, and double down on AI evaluation research to help AI developers build trustworthy AI applications.

Generative AI’s unpredictable nature poses new challenges for enterprises, with the lack of reliable methods to test and measure AI accuracy and safety becoming a major barrier to its widespread adoption. Galileo’s Evaluation Intelligence platform solves this by giving AI teams a scalable solution to evaluate, monitor, and protect their AI systems, helping ensure safe and effective performance in development and production.

“We started Galileo three years ago to solve AI’s measurement problem, specifically with a focus on language models. Using humans or LLMs to judge model responses is expensive, slow, and does not scale. Yet today these are the de-facto techniques adopted across AI teams,” said CEO and co-founder of Galileo Vikram Chatterji. “Our unique research-backed approach and carefully crafted UX has seen massive adoption across enterprises to unblock and grow GenAI application development. The new funding will allow us to greatly accelerate our development to meet the increasing demand.”

Galileo’s growth has been driven by three major trends in the AI landscape:

First, enterprise adoption of generative AI (GenAI) is surging—Gartner projects that by 2026, over 80% of enterprises will have integrated GenAI APIs or deployed GenAI-enabled applications in production.Second, 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. A recent report found that evaluation is the second greatest challenge in deploying production AI, after serving costs, with nearly 50% of organizations relying on subjective human feedback and review.Third, as teams adopt advanced AI methods like RAG (Retrieval-Augmented Generation) and agentic workflows, the need for robust evaluation tools is only intensifying, driving demand for Galileo’s platform to ensure reliable and effective AI deployments.

“Traditional evaluation methods, such as human evaluations or using LLMs as judges, fall short for enterprise use cases,” said Jim Nottingham, SVP & Division President, Advanced Compute Solutions, HP Inc. “Galileo’s rapid innovation and focus on overcoming the biggest evaluation hurdles— from accuracy to bias – provides a complete view of how Gen AI apps are performing, which is why they’ve become a critical part of our Z by HP AI Studio.”

Galileo provides enterprises with an end-to-end platform that enables teams to use more accurate and trustworthy AI. Galileo developed the first Evaluation Intelligence Platform, that embeds research-backed evaluation metrics across the entire GenAI stack and workflow, giving teams the visibility and control they need to build, deploy, test, monitor, and secure their AI system.

“As GenAI continues to be adopted in enterprises globally, the need for accurate, fast, and cost-efficient evaluations has become even more important,” said Andy Vitus, Partner at Scale. “Galileo’s founders were solving this measurement problem at Google AI, Google Brain, and Uber AI for years. Now with a talented team, cutting edge AI evaluation research, and well-designed platform, Galileo has established itself as a leader in AI Evaluations and Observability. We look forward to working with Galileo during its next phase of growth.” 

“We are thrilled to deepen our partnership with the Galileo team,” said Andrew Ferguson, VP, Databricks Ventures. “Evaluations have become a critical component of the AI stack, and Galileo has established itself as a leader with one of the most mature products and businesses in this space. We look forward to collaborating further to accelerate enterprise adoption of generative AI and to help companies build data intelligence.”

“It’s incredibly rare to find AI infrastructure companies like Galileo that can deliver value regardless of your chosen cloud or LLM,” said Vedant Agrawal, Vice President of Premji Invest. “This unique positioning, coupled with the potential to build a massive franchise, is what drove our excitement.”

Visit www.galileo.ai to learn more about the Galileo suite of products.

About Galileo
San-Francisco based Galileo is the leading platform for enterprise GenAI evaluation and observability. Powered by Evaluation Foundation Models (EFMs), Galileo’s platform supports AI teams across the development lifecycle—from building and iterating to monitoring and protection—with powerful, research-backed metrics. Galileo is used by AI teams from startups to Fortune 50 companies to accelerate AI development. Visit galileo.ai to learn more about the Galileo Evaluation Intelligence Platform.

 

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Mission Welcomes Glenn Grant as SVP of Professional Services, Strengthening Customer Success in AWS Cloud and AI Initiatives

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Grant Returns to Scale Mission’s Professional Services Organization, Expanding Cloud and AI Services to Meet Growing Customer Demand

LOS ANGELES, Oct. 15, 2024 /PRNewswire-PRWeb/ — Mission, a leading US-based Amazon Web Services (AWS) Premier Tier Partner, has announced the return of Glenn Grant as Senior Vice President of Professional Services. Grant’s appointment reinforces Mission’s dedication to enabling customers with cloud and AI solutions on AWS and positioning Mission to further deliver cutting-edge services that drive measurable business outcomes for its customers.

“Leading Professional Services is an exciting opportunity to work with an incredibly talented team of cloud, DevOps, and AI professionals…. It’s exciting to be at the forefront of this industry, helping our customers move AI from experimentation to actual workloads on AWS.”

Glenn Grant, founder of G2 Tech Group—a company acquired by Mission in 2018—brings over 25 years of experience in IT and outsourced services. A pioneer in managed services in the early 2000s, Grant has a proven track record of transforming businesses and driving growth.

Since the acquisition, Grant has served as Mission’s advisor and board member. At the same time, Grant worked as a business coach and entrepreneur advisor, helping tech companies increase their business value and build strong leadership teams. This experience in scaling businesses and working with private equity-backed ventures is invaluable as Mission grows and expands its services.

“We are thrilled to welcome Glenn Grant back to Mission as our SVP of Professional Services,” said Ted Stuart, Mission’s President and COO. “Glenn’s extensive expertise, entrepreneurial background, and deep understanding of our core values will be instrumental in elevating our AWS initiatives and enhancing our ability to drive customer success.”

“Glenn and I go way back, and I’m excited to see him step into this role at Mission,” said Jay Wessland, CTO of the Boston Celtics. “Glenn’s deep understanding of AWS technologies and business strategy has always been impressive. His leadership will undoubtedly drive innovation and results for AWS customers, including us at the Celtics.”

“Leading Professional Services is an exciting opportunity to work with an incredibly talented team of cloud, DevOps, and AI professionals,” said Glenn Grant. “The advancement of AI technologies, coupled with our strong partnership with AWS, presents huge opportunities for our customers to achieve things they couldn’t before with tools on AWS. It’s exciting to be at the forefront of this industry, helping our customers move AI from experimentation to actual workloads on AWS.”

As SVP of Professional Services, Grant will lead the team in implementing cutting-edge solutions and best practices to support Mission’s growing customer base. He will focus on scaling the professional services organization to meet the increasing demand for AI and cloud services. “We’re taking what we’ve learned over the last few years, especially in AI, machine learning, and data operations, and up leveling our already rock-solid cloud and DevOps offerings,” Grant explained.

Grant’s role reinforces Mission’s commitment to reinvesting in AWS technologies and growing customer workloads on the AWS platform. This strategic direction aligns with Mission’s goal of continually enhancing its service offerings to meet the evolving needs of its cloud customers.

About Mission
Mission Cloud is a leading born-in-the-cloud managed services and consulting provider, offering end-to-end cloud services, innovative AI solutions, and software for AWS customers. As an AWS Premier Tier Partner, we help manage your technology investments, improve performance and governance, scale to meet demand, safeguard your data, and innovate fearlessly. Our team of AWS experts empowers businesses to accelerate the adoption of new technology like generative AI and migrate, manage, and modernize their cloud environments — ensuring a successful future in the cloud. Mission Cloud consistently earns Best Places to Work awards and is recognized across the technology industry for our commitment to closing the cloud skills gap and Diversity, Equity, and Inclusion (DEI). For more information, visit: http://www.missioncloud.com.

Media Contact
Angela Tuzzo, Mission Cloud, 2018055780, atuzzo@mrb-pr.com, www.missioncloud.com

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SOURCE Mission Cloud

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Beacon AI Secures $15M in Series A Funding to Bring AI into Flight Decks

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SAN CARLOS, Calif., Oct. 15, 2024 /PRNewswire/ — Beacon AI, a Silicon Valley-based aviation intelligence startup, announced it raised $15 million in Series A funding, led by Costanoa Ventures, with significant participation from Scout Ventures, joining numerous new and existing investors including Sam Altman, and JetBlue Ventures – raising the total venture funding to $20M.

Beacon is on a mission to put AI assistance in every professional flight deck to improve flight safety and efficiency for defense and commercial operators. Beacon is focused primarily on aircraft represented in the commercial market and their defense twins. The adaptable platform presents a `dual-use` opportunity by being able to serve both markets on similar aircraft. The Series A investment will allow Beacon to expand its team, deliver on existing DOD and commercial engagements, and accelerate the deployment of its flagship products: Murdock, an AI-powered pilot assistant akin to R2-D2 for pilots, and Lighthouse, its data platform and flight management system.

“From our start, we’ve had the goal of augmenting pilots with advanced technology that helps them perform their jobs more efficiently and safely,” said Matt Cox, CEO of Beacon AI. “Everyone in aviation is under pressure to improve safety, and planes’ flight decks and pilots remain underserved. We are building something I wish I had in my decade as a naval aviator and 20 years as a pilot.”

“There is no better team to bring AI into the flight deck for commercial and military pilots,” said Greg Sands, founder and Managing Partner of Costanoa Ventures. “They have already proven themselves in the most high-stakes cockpits in the world, which is why we’re excited to see their progress with commercial pilots.”

Beacon AI has gained significant traction with ten Department of Defense (DOD) contracts and agreements and is seeing rapidly growing commercial interest. The funding will support the company’s expansion to meet high demand and deploy its first product to customers. While slots for 2024 are currently full, the company is opening beta sign-ups for 2025.

“When we first met Beacon AI, what stood out the most was the team and how laser-focused they are on building for their customer.  Being led by a team of subject matter experts with countless flight hours in the cockpit allows for an unparalleled understanding of this dual-use technology, and their approach resonated with us. We are proud to be backing a top-tier entrepreneur, Matt Cox, and supporting the entire Beacon AI Team,” said Brad Harrison, founder and Managing Partner of Scout Ventures.

Beacon AI is currently hiring across all departments as it scales to bring its vision of safer, more efficient flight to the world.

About Beacon AI:
Beacon AI is a California-based aviation software technology company specializing in developing advanced AI systems to augment commercial and defense pilots. The company’s mission is to enhance the future of flight by making flight operations safer and more efficient. Beacon’s innovative solutions address the complex challenges faced by the aviation sector, backed by leading investors such as Costanoa Ventures, Scout Ventures, Sam Altman through Apollo Projects and Hydrazine Capital, and JetBlue Ventures, and guided by aviation industry advisors including Hon. Robert Sumwalt (former Chairman of the NTSB) and Ali Bahrami (former Associate Administrator of the FAA).

For more information, please visit https://beaconai.co/ contact info@beaconai.co, or follow us on LinkedIn.

About Costanoa Ventures:
Founded in 2012, Costanoa Ventures partners with builders as early as company formation, with a focus on B2B in applied AI, data & developer infrastructure, security, defense, and fintech. Costanoa is a long-term, boutique partner to entrepreneurs from the earliest stages of company building with expertise from its BuilderOps team. For more information, please visit www.costanoa.vc.

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SOURCE Beacon AI Inc.

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Cube Debuts Most Significant Cube Cloud Upgrades Since Launching the Industry-Leading Universal Semantic Layer

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With remarkable new capabilities, launched at Cube Rollup, Cube streamlines data modeling and access

SAN FRANCISCO, Oct. 15, 2024 /PRNewswire/ — At Cube Rollup, Cube’s inaugural in-person user event, Cube announced significant innovations to Cube Cloud, Cube’s universal semantic layer, that improve how data is managed and consumed. New capabilities include a next-generation data modeling engine, code-named Tesseract; Data Access Policies; Cube Copilot; Cube Visual Modeler; and the general availability of Semantic Catalog. In addition, the company announced Cube OSS 1.0, marking a significant milestone.

For data engineers, translating raw data into consistent business definitions so that coworkers, customers, and machines have accessible, trusted, and governed data across AI, BI, spreadsheets, and embedded analytics is not without obstacles. With Cube Cloud, data engineers can more easily unify data modeling and governance, increase productivity and collaboration, and provide a tailored experience to help data analysts and business people find and use trusted data.

“With the latest innovations, Cube’s universal semantic layer leapfrogs the competition by providing benefits tailored to the needs of technical decision makers, data analysts, and business users in addition to data engineers,” said Artyom Keydunov, Co-founder and CEO of Cube. “The new Cube Cloud marks a step change in our flagship product, enabling organizations to solve more complex data problems, empowering data teams to work more efficiently together, and simplifying data discovery, access, and exploration.”

What makes the new Cube Cloud remarkable?

New capabilities in Cube Cloud include:

Next-Generation Data Modeling Engine (Tesseract): Gain significant performance enhancements, starting with new SQL Planner. It adds support for multi-stage calculations, aggregating from query results so that organizations can tackle more complex analytical requirements.Data Access Policies: Define comprehensive role-based access controls, including policies and roles. They can also integrate with external directory services and ensure secure and scalable data access tailored to their security and governance requirements.Cube Copilot: Enhance data engineering team productivity by providing intelligent recommendations and streamlining data modeling tasks in code, allowing them to focus on higher-value activities.Cube Visual Modeler: Turn clicks into code with new no-code data modeling capabilities. This enables more contributors, such as data stewards and analysts, to participate in data definitions, fostering cross-team collaboration and improving communication.Semantic Catalog: Search a unified view of trusted data assets—now with column/member-level lineage. Make it easier for teams to find and use the right data for their needs and ensure that everyone is working with unified data, reducing errors and increasing trust. Available in Cube Cloud Premium and above.

Availability
Cube’s Semantic Catalog is generally available. All other capabilities are in Preview.

About Cube
Cube brings consistency, context, and trust to the next generation of data experiences. Cube Cloud is a leading, AI-powered universal semantic layer platform, helping companies of any size manage and deliver trusted data with a single source of truth. Any data source can be unified, governed, optimized, and integrated with any data application: AI, BI, spreadsheets, and embedded analytics.

Cube is installed on 90,000 servers and used by more than 5 million users. Customers include 20% of the Fortune 1000. Based in San Francisco, Cube is backed by Decibel, Bain Capital Ventures, Eniac Ventures, 645 Ventures, Databricks Ventures, and Betaworks. To learn more, visit cube.dev.

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