Yaletown participates in CTO.ai seed round
November 6, 2019
On November 4, 2019, CTO.ai announced $7.5M USD in seed funding. Yaletown Partners was proud to participate as an investor along side Slack, Tiger Global, Pallasite Ventures, and Panache Ventures.
CTO.ai, a platform for rapidly scaling DevOps teams, enables developers to access and share shortcuts that act as ‘EasyButtons’ for DevOps to customize and automate repeatable tasks with ease. Tedious tasks like running reports can be reduced from 1,000 steps down to 10 through standardization of workflows that turn confusing code essays into simple fill-in-the-blank and multiple-choice questions.
Particularly in this era of high demand for technical talent, CTO.ai’s streamlining of development processes allows both developers and businesses to increase productivity, even with limited human resources.
CTO.ai has undertaken a mission of enabling $100B of developer productivity by 2030. Yaletown looks forward to accompanying CTO.ai along the way!
For further information, see: https://www.webwire.com/ViewPressRel.asp?aId=249472
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