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Atomicwork raises $25 Mn in Series A led by Khosla Ventures and Z47

B2B SaaS startup Atomicwork has raised $25 million in its Series A round round led by Silicon Valley-based Khosla Ventures and Z47 (formerly Matrix Partners India).

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Shashank Pathak
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B2B SaaS startup Atomicwork has raised $25 million in its Series A round round led by Silicon Valley-based Khosla Ventures and Z47 (formerly Matrix Partners India).

The round also saw participation from Battery Ventures, Blume Ventures, and Peak XV Partners.

In September 2023, Atomicwork had raised $11 million in its seed round led by Blume Ventures and Matrix Partners India. Atomicwork raised an additional $3 million round from Abhinav Dhar, ex-CIO of TransUnion, and others, last year. 

The proceeds will be used to ramp up and deploy enterprise AI agents and expand go-to-market efforts.

Founded in September 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar, Atomicwork provides software that automates workflows under the information and technology (IT), human resources (HR), finance, and other business functions. 

It helps companies instantly help their employees by collecting tribal knowledge from across the organization, stored in documents, wikis, information systems, email threads, and chat conversations.

"We are pioneering agentic service management to transform how companies manage their IT workflows and enterprise services. This investment is a significant milestone, validating our vision of a future where smarter IT teams drive business growth and companies are empowered by technology, not bogged down by it," said Rayapati, CEO of Atomicwork.

Rayapati previously founded Minjar, which secured $2 million in funding before being acquired by the US-based publicly listed cloud infrastructure firm Nutanix for approximately $50 million.

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