Startups Take on AI’s Velocity Challenge
In recent years, we’ve witnessed the breakout growth stories of GitHub Copilot and ChatGPT expand into a movement that has sparked an investment frenzy in GenAI. Against a backdrop of a cooled VC market that is deploying funds at roughly 55% of 2021’s peak, GenAI is a VC hotspot unlike any other in recent memory, […]
From Data Overload to Insight: How AI is Shaping the Next Era of Observability
Enterprise observability is the practice of measuring the state of an IT system by examining its outputs. This process involves reliability and operations engineers manually wrangling together disparate data sources and information, using multiple software tools, to understand operating state. The goal is to maintain system performance, which is crucial for digital services like video […]
Founders Feature: Allstacks
In August, Allstacks announced their Series A funding round, raising $10M to equip engineering teams with the data they need in order to make strategic business decisions. This funding round was led by Quadri Ventures, alongside M12, Microsoft’s Venture Fund, and First Rays Venture Partners. In this edition of Founders Feature, we sat down with […]
Founders Feature: Space and Time
Earlier this year, Space and Time announced their Series A funding round, raising $20M to “bring the verifiability of blockchain to AI applications.” This is in addition to their previous funding round (also $20M), led by M12, Microsoft’s Venture Fund. In this edition of Founders Feature, we sat down with Nate Holiday, Co-Founder and CEO […]
Founders Feature: Armada
Recently, Armada announced a $40M funding round, led by M12, Microsoft’s Venture Fund, that will help the company further its mission to bridge the digital divide and bring connectivity, compute, and AI capabilities to the outermost edges of the world. In this edition of Founders Feature, we sat down with Armada Co-Founder and CEO Dan […]
Why we Invested in Neon
We are excited to announce that M12 has led a $25.6 million strategic investment in Neon, a serverless Postgres database designed for modern developers, alongside existing investors Abstract Ventures, General Catalyst, Menlo Ventures, and Notable Capital. Postgres has quietly become ubiquitous as the go-to relational database. Developers choose Postgres due to its open ecosystem, reliability, and […]
Founders Feature: Volley
Earlier this month, Volley announced their $55M Series C. We’re proud to say we co-led that funding round, along with Lightspeed Venture Partners. A market leader in creating voice-enabled games via AI platforms, we sat down with Volley co-founders Max Child and James Wilsterman to learn more about them, how they got the company to […]
Fueling the Future of Gaming with an Investment in AI Voice Game Leader
Today, we are excited to share that M12 co-led, with Lightspeed Venture Partners, the $55M Series C round in Volley Since its founding in 2016, Volley has led the market in creating voice-enabled games via voice AI platforms. Volley makes AI-powered voice games, or games you can talk to: interactive, multiplayer, and on screen. Volley’s […]
The Shadow IT Implications of AI
As we kick off RSA in San Francisco this week, we wanted to talk about the shadow IT implications of AI. It’s a well traveled path: A new technology emerges to great excitement and fanfare. Companies and users rush to enjoy its benefits and cybercriminals close on their heels to exploit its unaddressed risks. Embarrassing […]