NeuBird raised $22.5M in a seed extension round led by Microsoft's M12 to enhance its AI-powered IT site reliability operations.
Dec 11, 2024•about 1 year ago
Amount Raised
$22.5 Million
Investors
Prosperity7 VenturesStepstone GroupMayfieldM12
Description
NeuBird, founded by Gou Rao and Vinod Jayaraman, has successfully raised a $22.5 million seed extension round led by Microsoft's M12. This funding will aid NeuBird in bringing its AI solutions to a larger market, particularly benefiting enterprises using Azure cloud.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech