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Microsoft’s M12 invests another $22.5M into NeuBird, months after its $22M seed round | TechCrunch

Dec 11, 2024 - techcrunch.com
NeuBird, founded by Gou Rao and Vinod Jayaraman, aims to automate IT site reliability operations using generative AI. Their product, Hawkeye, is an AI-powered SRE that identifies, diagnoses, and resolves IT issues, allowing human engineers to focus on strategic tasks. NeuBird recently raised a $22.5 million seed extension round led by Microsoft’s venture fund M12, with participation from Mayfield, Stepstone Group, and Prosperity7 Ventures. This funding follows a $22 million seed round in April, and the company plans to pursue larger Series A funding in the future. Hawkeye operates in a read-only mode, ensuring customer data privacy, and has already attracted customers across various industries.

Despite competition from other startups and established players in AI-powered SRE tasks, NeuBird is gaining significant attention from investors. The company has successfully onboarded customers, including large enterprises and startups, with some already moving to production mode. NeuBird's approach to leveraging LLM reasoning for troubleshooting and its strategic partnership with Microsoft positions it well in the growing market for AI-driven IT operations solutions.

Key takeaways:

  • NeuBird, founded by Gou Rao and Vinod Jayaraman, developed Hawkeye, an AI-powered SRE tool to automate IT site reliability operations, addressing the increasing complexity of modern IT stacks.
  • After raising a $22 million seed round from Mayfield, NeuBird secured an additional $22.5 million seed extension led by Microsoft's venture fund M12, with participation from other investors, to expand its market reach.
  • Hawkeye uses LLM reasoning to monitor system logs and troubleshoot issues, escalating unresolved incidents to human engineers, while ensuring customer data privacy by operating in a read-only mode.
  • Despite competition from other AI-powered SRE startups and established players, NeuBird has attracted significant investor interest and is gaining traction with customers across various industries.
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