Funding
Series B · AI

Traversal raises $120 million Series B for AI site reliability engineering

Kleiner Perkins, Redpoint Ventures and Khosla Ventures co-lead the round at a $1 billion valuation.

By RoundOS Funding desk

Traversal has announced a $120 million Series B co-led by Kleiner Perkins, Redpoint Ventures and Khosla Ventures, with participation from Sequoia Capital and Battery Ventures. The November 3 announcement values the company at $1 billion.

The company is developing an AI site reliability engineer to help teams understand and resolve production incidents. Its approach applies causal reasoning to complex software systems, addressing the work that follows code deployment as businesses adopt more AI-generated software.

Use of funds

Advance AI site reliability engineering and production incident response

Funding history

Series B · This round$120M
StrategicUndisclosed

Sources

  1. Traversal Raises $120M Series B to Close the Outer Looptraversal.com · Nov 3, 2026

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