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Arena announces $200 million Series B at a $3.1 billion valuation

Arena announced a $200 million Series B co-led by Lightspeed Venture Partners and Khosla Ventures, with Salesforce Ventures and others participating. The company states a $3.1 billion valuation and more than $100 million in annualized revenue. Financing, valuation and revenue run rate are different measures; Arena’s growth figures are company claims.

Primary source · October 8, 2026

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