Axion Ray, the AI observability command center relied on by leading manufacturing companies to detect and solve emerging field quality issues affecting their customers, announced a $17.5 million Series A funding round led by Bessemer Venture Partners including strategic investment from RTX Ventures; existing investors, Amplo and Inspired Capital participated in the round as well. This Series A funding round brings the company's total funding to $25 million. With this investment, Axion Ray will further expand its AI capabilities within technical issue detection and scale its go-to-market effort to new industries.

Axion Ray is the leading AI observability command center relied on by global manufacturing companies to detect and solve emerging quality issues affecting customers at the earliest warning signals. Axion Ray's growing customer base includes leading Fortune 500 manufacturers, such as Baxter, Cummins, Newell, Boeing, Pratt & Whitney, DENSO, and other manufacturers across electronics, automotive, medical devices and consumer products. The company is backed by leading investment firms including Bessemer Venture Partners, RTX Ventures, Amplo and Inspired Capital, along with other multinational manufacturers.