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AI evaluation platform Arena raised $200 million in a Series B round at a $3.1 billion valuation on Thursday. The company reached $100 million in annualized revenue in June, nearly doubling its value from the previous $1.7 billion Series A. Investors include Lightspeed Venture Partners and Khosla Ventures.
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The Next Web leads with the specific valuation of $3.1B while TechCrunch omits that detail to focus solely on the $200M raise.
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