Faros AI, a Sunnyvale, CA-based company behind the Faros Engineering Operations Platform, announced that it raised $16 million in seed funding.
The round was led by SignalFire, Salesforce Ventures, and Global Founders Capital, with participation from seasoned tech luminaries including Maynard Webb, Frederic Kerrest, Adam Gross, and more.
With this investment, Faros AI plans to accelerate its mission of providing engineering teams with unprecedented visibility and insight into their operations across productivity, program management, onboarding, compliance, cost optimization, and more.
Company: Faros AI, Inc.
Raised: $16.0M
Round: Seed Round
Funding Month: March 2022
Lead Investors: SignalFire, Salesforce Ventures, and Global Founders Capital
Additional Investors: Maynard Webb, Frederic Kerrest, and Adam Gross
Company Website: https://www.faros.ai/
Software Category: Engineering operations platform
About the Company: Faros AI is an engineering operations platform that brings all operational data in one place to give leaders a single-pane view of the entire software development lifecycle. Based in Sunnyvale, CA, and backed by leading investors and seasoned tech luminaries, Faros AI is on a mission to help engineering leaders gain unprecedented visibility and insight into their operations with data that is automatically extracted and synthesized from all relevant sources. As a result, teams can ship quality software quickly, efficiently, and reliably. Faros AI is trusted by leading engineering organizations such as Box, Coursera, and GoFundMe.
Source: https://www.businesswire.com/news/home/20220302005025/en/Faros-AI-Raises-16-Million-for-Its-EngOps-Platform-Launches-Free-Community-Edition https://www.faros.ai/blog/we-raised-usd16m-to-drive-the-future-of-engineering-operations-join-us-on-this-exciting-journey