
Atomicwork, a San Francisco-based startup focused on AI-native service management for enterprises, has raised $25 million in Series A funding, bringing its total funding to $40 million. The round was led by Khosla Ventures and Z47, with participation from Battery Ventures, Blume Ventures, and Peak XV Partners. Founded by former Nutanix executive Vijay Rayapati and Freshworks founding team members Kiran Darisi and Parsuram Vijayasankar, Atomicwork aims to replace traditional IT service management systems with an 'agentic service management' solution that can be deployed in just 6 weeks. The platform integrates with tools like Microsoft Teams, Slack, Intune, and Okta, allowing employees to access services across IT, HR, and finance departments through a unified interface. Early adopters such as Zuora, Pepper Money, and Ammex Corporation report a 90% reduction in IT resolution times. The company is now valued at $150 million following this investment.
Applied Labs Raises $4.2M to Make it Easy to Build High Quality AI Support and Ops Digital Employees -- https://t.co/AwcZMqIc5b @AI #GenAI #AgenticAI @_appliedlabs
CybaVerse AI launched to redefine how MSPs deliver security: https://t.co/nNygr6mCNr by IT Security Guru #infosec #cybersecurity #technology #news
DataBank, which provides high-performance compute-ready data centers for enterprise clients, raised $250M from PE firm TJC and $600M in a secondary share offer (@kyle_l_wiggers / TechCrunch) https://t.co/A3sudao03V https://t.co/TN38JkkVs2 https://t.co/ZOzeer1FAj
