Mechanical Orchard raised $50 million in a Series B funding round led by GV to help companies transition away from legacy software.
Mechanical Orchard raised $50 million in a Series B funding round led by GV to help companies transition away from legacy software.
08/13/24, 9:56 AM
Location
san franciscoMoney raised
$50 million
Industry
artificial intelligence
software
Round Type
series b
Investors
Gv
Mechanical Orchard has successfully raised $50 million in a Series B funding round to aid organizations in moving from outdated IT systems to modern, cloud-based applications. The funding will enhance their AI-driven technology that modernizes legacy systems efficiently.
Company Info
Location
san francisco, california, united states
Additional Info
Mechanical Orchard, Inc. was formerly known as P3 Systems, Inc./DE. Mechanical Orchard is an AI-native technology company that de-risks the process of bringing old but critical computer systems up to date. We modernize and run crucial business applications used by some of the largest companies around the world. Our goal? Help our customers stay ahead of the curve, compete at an ever-accelerating pace, and win in their markets.