Technology
Sequoia-incubated startup Empirik launches with $21M to predict software outages
The enterprise IT platform uses artificial intelligence to analyze system changes and prevent infrastructure disruptions.
The short version
- Empirik has officially spun out as an independent company after securing $21 million in seed funding.
- The startup uses artificial intelligence to track IT infrastructure changes and predict potential outages before they occur.
- The funding round was led by Sequoia, alongside participation from Canapi and Alumni Ventures.
Key facts
- Empirik announced its spinout as an independent company supported by $21 million in seed capital.[TechCrunch]
- The seed funding round included investments from Sequoia, Canapi, and Alumni Ventures.[TechCrunch]
- The company was co-founded by Avon Puri and Sudheer Dhurjati and is led by CEO Kartik Chandrayana.[TechCrunch]
- Empirik's early client base includes S&P Global and Guardant Health.[TechCrunch]
What remains uncertain
- The identity of an enterprise client described as a major consumer packaged goods company was not publicly disclosed.[TechCrunch]