AI Engineering Excellence Platform Propelo secured $12 Million in Series A funding
Propelo, a California based AI powered engineering excellence platform, has now secured $12 million in a Series A funding round.
Propelo was founded by the Nishant Doshi. It offers an engineering excellence platform for businesses to accelerate their software delivery. The platform connects the dots across the 50+ DevOps tools and provides out-of-the-box insights. These insights are connected to the no-code RPA playbooks called “Propels” that help to automate actions, offering an intelligence response based on the data and providing missing insights that will help users deliver software with security and quality.
Executive Opinion
Nishant Doshi, the founder of Propelo, said, "In my previous role as VP Engineering at Palo Alto Networks, my job was to ensure that we made sound decisions and drove efficiencies in every aspect of our software delivery pipeline. One needs to think about all stakeholders in product creation including security, product management, and support."
Dan Nguyen-Huu, Partner at Decibel Partners, said, "In a hybrid/remote work first world, it is critically important to take steps to operate the software teams efficiently and effectively. Propelo's ability to analyze the entire DevOps tool stack, provide predictive insights and drive improvement through workflow automation is a DevOps game-changer for modern engineering teams."
Propelo's Latest Funding
For the AI startup, the latest funding round brings the total amount secured to $16 million to date.
The funding was backed by the Decibel Partners. Other participating investors include Eniac Ventures, Fike Ventures, and Fathom Capital, notes the announcement.
The AI startup, as of now, plans to use the new funds to accelerate growth and its business outreach.
PC: Pixabay
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Udit Agarwal
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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.
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