Funding4 min
Traversal raises $120 million at a $1 billion valuation for AI agents that investigate software outages
New York startup Traversal has raised a $120 million Series B at a $1 billion valuation, co-led by Kleiner Perkins, Redpoint and Khosla. Its AI agents investigate production incidents. A benchmark it built with academic partners shows frontier agents still solve only about a quarter of medium-difficulty incidents.
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