The company behind the popular LMArena leaderboard has raised $200 million led by Lightspeed and Khosla, and is now measuring AI models on alignment issues such as lying.
Popular AI leaderboard Arena nearly doubles valuation to $3.1B valuation in 10 months
TE TechCrunch 
Key takeaways
Arena's valuation rose to $3.1B after a $200M Series B round, up from $1.7B in January.
- Arena's valuation nearly doubled in 10 months, reaching $3.1B.
- The company raised $200M in Series B funding led by Lightspeed and Khosla Ventures.
- Arena introduced AI Evaluations to help enterprises assess AI models beyond benchmarks.
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