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AI startup Traversal raises $120 million at $1 billion valuation

Original: Traversal, a New York startup that uses AI agents to identify why company software breaks, announced a $120 million Seri

Traversal, a New York startup that uses AI agents to diagnose why corporate software breaks, has raised a $120 million Series B funding round, valuing the company at $1 billion. The firm targets site reliability engineering work, automating the investigation of software failures that would normally require on-call engineers.

Why now: Large funding rounds for AI agent startups are drawing attention amid ongoing investor enthusiasm for artificial intelligence.

TraversalNew York

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• Traversal, a New York startup that uses AI agents to identify why company software breaks, announced a $120 million Series B funding round that values the company at $1 billion. Source: The Next Web https:// thenextweb.com/news/traversal- 120m-series-b-1b-valuation-ai-sre #… · sipirtu

API: https://socialmediatrends-api.osmike.com/v1/trends/4864962