Generative AI startup Resolve AI secures $35M in seed funding to become your go-to AI production engineer
Nickie Louise
Posted On October 1, 2024
Resolve AI, a new generative AI startup focused on automating software operations with AI, has secured $35 million in seed funding, led by Greylock.
This investment marks the largest check written by the Silicon Valley firm this year, which previously backed giants like Airbnb and Meta. Stanford’s Fei-Fei Li and Google DeepMind’s Jeff Dean also participated in the round.
Resolve AI will use the fresh capital infusion to double its 16-person team by the end of the year. The young startup is also working on expanding its AI capabilities to include tasks like incident prevention and optimizing cloud costs.
Despite being less than a year old, Resolve AI is already making an impact. The company says its tools help clients cut down their mean time to repair (MTTR) by a factor of five while boosting on-call developer productivity by 75%. For context, MTTR refers to the average time it takes to fix a system failure.
Resolve AI is designed to tackle operational tasks head-on. Instead of traditional methods, it uses AI-driven insights and tools to pinpoint the root cause of issues and respond to alerts in under a minute.
Founded earlier this year by Spiros Xanthos, a former Splunk executive, Resolve AI is pushing boundaries in how software issues are handled. While most AI tools for engineers focus on code generation, Xanthos points out that engineers often spend a lot of time on operational tasks like troubleshooting and managing infrastructure.
Resolve aims to shift that burden by automatically dealing with alerts and incidents using platforms like AWS and GitHub, minimizing the need for human involvement.
“Our goal is to offload the stressful and time-consuming parts of software ops, giving engineers a smarter, more efficient tool,” Xanthos told Reuters. Initially self-funded, Resolve has already attracted clients like DataStax.
Greylock partner Saam Motamedi, who led the investment, sees big potential in Resolve AI. “We look for companies that offer a clear and measurable return on investment. What Resolve is doing is highly quantifiable, which is why they’ve moved so quickly from proof of concept to real-world production with customers.”
