Popular AI leaderboard Arena nearly doubles valuation to $3.1B valuation in 10 months
Arena has completed a $200 million Series B at a $3.1 billion valuation, led by Lightspeed Venture Partners and Khosla Ventures with participation from a16z and others; the company previously raised a $150 million Series A in January at a $1.7 billion post-money valuation and announced $100 million in annualized revenue in June.