Former Coatue partner raises huge $65M seed for enterprise AI agent startup
TechCrunch ·
Yet another startup aiming to help enterprises build, secure, and orchestrate AI agents has raised a honking-big seed round. …
Yet another startup aiming to help enterprises build, secure, and orchestrate AI agents has raised a honking-big seed round. Sycamore on Monday announced a $65 million seed led by Coatue and Lightspeed, with a long list of angels including former OpenAI chief scientist Bob McGrew, Intel CEO Lip-Bu Tan, Databricks CEO Ali Ghodsi, and others.
A few things turned investors’ heads and drew them to participate in such a big round out of the gate. First, unlike many startups in this space, Sycamore isn’t led by a 19-year-old Y Combinator grad — its founder brings decades of experience: Sri Viswanath, a former Coatue investor. He left the full-time VC role in the fall to launch Sycamore, where he is CEO.
“I’ve spent over 20 years building enterprise platforms at global scale at Sun Microsystems, VMware, Groupon, and as CTO of Atlassian, where I led the cloud transformation and scaled the engineering org to 7,000+,” Viswanath tells TechCrunch. “The round came together through long-standing relationships.”
Second, he’s not building a single-purpose product that solves one narrow problem but attempting to build the whole agentic orchestration layer that handles everything from coding to back-end infrastructure, stepping in wherever needed. …
Original source: TechCrunch