NeuBird Secures $22.5M Seed Extension Round Led by Microsoft’s M12

NeuBird Secures .5M Seed Extension Round Led by Microsoft’s M12

NeuBird, an AI-powered IT reliability startup founded in late 2023 by Gou Rao and Vinod Jayaraman, has announced a $22.5 million seed extension round. The funding was led by Microsoft’s venture fund M12, with participation from Mayfield, Stepstone Group, and Prosperity7 Ventures. This comes just months after its initial $22 million seed round in April, which valued the company at $100 million.

Key Highlights

Hawkeye, NeuBird’s Flagship AI Solution: Hawkeye automates site reliability engineering (SRE) tasks by using large language models (LLMs) to identify, diagnose, and resolve IT issues. The system works in a read-only mode, ensuring customer data remains secure.

Market Opportunity: The growing complexity of modern IT stacks and a shortage of skilled SREs have created demand for AI-driven solutions. NeuBird’s client base spans industries, from automakers to startups.

Strategic Partnership with Microsoft: With many of NeuBird’s customers on Azure, the partnership with M12 could significantly expand market reach.

Future Growth Plans: While NeuBird chose the term “seed-1” for this round, it plans to raise a traditional Series A at a higher valuation in the future.

Despite competition from startups like SRE.ai, Opslane, and established players like Moogsoft, NeuBird’s rapid growth and investor confidence suggest it’s well-positioned to lead the AI-powered SRE market.

News Source:techcrunch,This article does not represent our position.

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