The fundraising round is valued at $500 million, according to Bloomberg. David Singleton, co-founder and CEO of /dev/agents, said the startup is taking on a major challenge that will require removing a lot of blockers, developing new UI patterns, reimagining privacy models, and developing a platform that simplifies the building of useful agents. Singleton, a former chief technology officer at fintech firm Stripe and vice president of engineering on Google’s Android product, believes that modern AI will fundamentally change how people use software in their daily lives.
Key takeaways:
- /dev/agents, a San Francisco-based company, is expected to announce a large funding seed round led by Index Ventures and co-led by CapitalG, Alphabet’s growth investment fund.
- The company aims to build AI agents that can perform a variety of tasks, including automating media buying, personalizing advertising, and performing dynamic creative optimization.
- David Singleton, co-founder and CEO of /dev/agents, previously served as the chief technology officer at fintech firm Stripe and was vice president of engineering on Google’s Android product.
- The fundraising round is valued at $500 million, according to Bloomberg.