Sedai Closes $15 Million Round For Autonomous Cloud Management Led By Norwest Venture Partners
Mar 15, 2022•over 3 years ago
Amount Raised
$15 Million
Description
Sedai, the first autonomous cloud management company, today announced that it has raised $15 million in Series A funding led by Norwest Venture Partners with participation from Sierra Ventures and Uncorrelated Ventures. The round follows a seed led by Sierra Ventures and Uncorrelated Ventures and brings the total funding to $18.8 million. Sedai will use the funding for growth and today announced the opening of an engineering center in Kerala, India. The company is growing its development team to increase support for all cloud platforms and broaden its ecosystem.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech