NeuBird, a San Francisco, CA-based creator of Hawkeye, a genAI-powered ITOps engineer, has raised $22.5 million in funding.
Investors
The funding round was led by M12, Microsoft’s venture fund, with additional backing from Mayfield, StepStone Group, and Prosperity7 Ventures. This brings NeuBird’s total capital raised to $44.5 million.
M12, the venture capital arm of Microsoft, invests in early-stage companies with a focus on AI, cloud infrastructure, cybersecurity, developer tools, vertical SaaS, and Web3/Gaming. Since 2016, M12 has invested in over 100 companies, helping startups accelerate growth through unparalleled access to Microsoft.
NeuBird Use of Funds
The new funding will help accelerate NeuBird’s mission of empowering IT teams to move beyond dashboards and focus on innovation rather than troubleshooting.
About NeuBird
Founded by Goutham Rao and Vinod Jayaraman, NeuBird is pioneering the use of generative AI for IT operations to address the shortage of skilled talent needed to keep up with the increasingly complex modern technology stack. With its flagship product, Hawkeye, NeuBird simplifies complex data analysis and offers actionable insights in real-time, empowering companies to innovate faster and more effectively.
Funding Details
Company: NeuBird, Inc.
Raised: $22.5M
Round: Unknown
Funding Date: December 2024
Lead Investor: M12
Additional Investors: Mayfield, StepStone Group, Prosperity7 Ventures
Company Website: https://neubird.ai/
Software Category: IT Operations Management
Source: https://www.ciodive.com/press-release/20241211-neubird-secures-225m-in-funding-announces-general-availability-of-hawkey/