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- Traversal Raises $120M at $1B Valuation for AI Site Reliability Agents
Traversal, a New York startup, raised $120 million in a Series B round at a $1 billion valuation, bringing its total funding to $173 million. Kleiner Perkins, Redpoint Ventures and Khosla Ventures co-led the round, while Sequoia Capital, Battery Ventures and Amex Ventures also participated. Traversal’s AI agents investigate production incidents, test possible causes and suggest fixes. The company said Nubank, Harvey, DigitalOcean, PepsiCo and American Express use its technology.
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