Autonomous site reliability engineering startup Traversal bags $120M in funding at a $1B valuation
Traversal Inc. has secured $120 million in funding to support its mission of automating site reliability engineering tasks using artificial intelligence agents. The round brought the startup to unicorn status with a $1 billion valuation. The funding was led by three prominent venture firms: Kleiner Perkins, Redpoint Ventures and Khosla Ventures.
Key points
- Traversal raised $120M, reaching $1B valuation
- Uses AI agents to automate site reliability engineering
- Led by Kleiner Perkins, Redpoint Ventures and Khosla Ventures
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