Faros AI, Sunnyvale, Calif.-based provider of an engineering operations platform, raised $16m in seed funding.
The round was led by SignalFire, Salesforce Ventures, and Global Founders Capital with participation from Maynard Webb, Frederic Kerrest, Adam Gross, and more.
The company intends to use the funds to expand operations and its business reach.
Led by Vitaly Gordon, CEO, Faros AI is an engineering operations platform that brings all operational data in one place to give leaders a single-pane view of the entire software development lifecycle. The system allows engineering leaders to gain visibility and insight into their operations across productivity, program management, onboarding, compliance, cost optimization, and more. As a result, teams can ship quality software quickly and efficiently,. Faros AI is uses by engineering organizations such as Box, Coursera, and GoFundMe. .
Today, the company is also announcing the general availability of its free open-source Community Edition, Faros CE.
FinSMEs
02/03/2022