Traversal has raised $120 million in a Series B funding round for AI agents that investigate software failures. The deal values the New York startup at $1 billion.
Traversal’s funding round was co-led by Kleiner Perkins, Redpoint Ventures and Khosla Ventures. Sequoia Capital, Battery Ventures and Amex Ventures also took part.
Its AI agents search logs, metrics and code, test possible causes of failures and suggest fixes. Traversal’s Production World Model maps telemetry, code and deployment history into a form AI can read. Traversal MCP feeds findings from production systems back to AI coding agents to help them avoid causing further incidents, the company says.
Traversal says its customers include Nubank, Harvey, DigitalOcean, PepsiCo and American Express, and that customers ran more than 150,000 investigations last quarter. For companies using AI to write software, the service addresses the work of keeping that software running. However, its chief executive declined to disclose revenue figures, leaving the financial scale of adoption unclear.
The funding commits capital to AI tools that keep software running, rather than only generating more code.
Feeding production findings back to coding agents could help teams prevent repeated failures.
Reported investigation volumes indicate use, but undisclosed revenue leaves the size of the business unproven.
Written automatically by the Made in 10 Newsroom from the source above.
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