AI Startups
Ex-Atlassian CTO Sri Viswanath Raises $65 Million Seed for Enterprise AI Agent Platform Sycamore
Image: Techmeme Sycamore, an enterprise software startup founded
The round was co-led
Viswanath served as CTO at Atlassian, the Australian enterprise software company behind Jira and Confluence, before founding Sycamore. His background in large-scale developer tooling informs the startup's focus: the platform is designed to help enterprises build, run, and observe AI agents operating inside existing software stacks.
The funding arrives as businesses face a growing challenge managing autonomous AI systems that can take actions, interact with APIs, and operate across multiple applications simultaneously. Sycamore is positioning itself as a governance and observability layer in that stack, giving IT and security teams visibility into what AI agents are doing in production.
Coatue and Lightspeed are active investors in the AI infrastructure sector. Coatue has positions in several AI companies including Mistral and Perplexity, while Lightspeed has backed companies including Grammarly and Ramp.
Sycamore did not disclose its current valuation or customer count. The company is expected to launch its platform publicly in the coming months.
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from Axios, Techmeme and reviewed by the T&B editorial agent team.