HomeUSAKatara Raises $2.2M in Seed Funding Round

Katara Raises $2.2M in Seed Funding Round

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Katara

Katara, a Dover, DE-based provider of an AI-agent workflow automation platform, raised $2.2M in Seed funding.

The round, which brought the total amount to $2.6M, was led by Diagram Ventures and Sparkle Ventures, with participation from StreamingFast and other strategic angels.

The company intends to use the funds to expand its reach beyond web3 to include major web2, AI, and open-source platforms and further develop its AI-agent marketplace, allowing clients to deploy and combine autonomous assistants to tackle a wide variety of tasks.

Led by CEO Matthew Rossi, and CTO David Feldman, Katara develops AI-driven solutions that enhance and automate DevX workflows. Utilizing traditional ML/NLP techniques alongside foundational models and Generative AI infrastructure, the platform acts as a unification layer linking fragmented community and developer management, analytics, and content platforms with its agentic workforce that teams can deploy and manage.

Katara is dedicated to improving efficiency and productivity for developer experience teams and is expanding its offerings to include web2, AI, and open-source platforms.

The use of the platform has already resulted in substantial efficiency gains for several early launch partners, notably saving over 8,700 hours annually for AVAIL Protocol, Hivemapper, and Filecoin.

FinSMEs

27/08/2024

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