SaaS startup Atomicwork raises $25 million in round led by Khosla Ventures, Z47
Atomicwork, has raised $25 million in a funding round led by Silicon Valley-based Khosla Ventures and Z47 (formerly Matrix Partners India).
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The round also saw participation from Battery Ventures, Blume Ventures, and Peak XV Partners.
The funds will be used for scaling and deploying enterprise AI agents, as well as expanding go-to-market efforts.
«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 Vijay Rayapati, cofounder and chief executive of Atomicwork.
According to the company, as operations grow globally and digital systems increase, traditional IT service management tools are becoming outdated. These legacy solutions, designed for an earlier era of process management, are unable to meet the demands of modern businesses. It offers agentic service management solutions for enterprise IT.
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