Chennai: Traceable AI has raised $60 million in its Series B round, led by Institutional Venture Partners (IVP) and others like Tiger Global Management as well as existing investors Unusual Ventures and BIG Labs.

The application programming interface (API) security and observability company said the new funding round values it at more than $450 million. Traceable AI plans to use the capital infusion to accelerate its next phase of growth by further investing in its product development and research efforts, expanding its sales and marketing teams, and expanding global sales, the company said.

Api Security Firm Traceable Ai Raises $60 Mn In Series B Round

Description

Company Information

Funding Insights