Tech Company Financing Transactions

Asato Funding Round

Asato closed a $7.5 million Seed funding round on 12/5/2023. Investors included Intel Capital, private investors and Nepenthe.

Transaction Overview

Company Name
Announced On
12/5/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors

Intel Capital (Lead Investor)

private investors (Amarjit Gill)

private investors (Ash Bhardwaj)

private investors (Charlie Giancarlo)

private investors (Lip-Bu Tan)

private investors (Sanjay Mehrotra)

Nepenthe

Shah Capital

Proceeds Purpose
This seed funding not only validates our vision but also provides the resources needed to accelerate the development of our Copilot platform.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
19863 Douglass Lane
Saratoga, CA 95070
USA
Phone
Undisclosed
Email Address
Overview
Asato is developing an AI-powered enterprise copilot platform for CIOs, giving unprecedented visibility and control over AI-powered IT spending and empowering to take decisive action.
Profile
Asato LinkedIn Company Profile
Social Media
Asato Company Twitter Account
Company News
Asato News
Facebook
Asato on Facebook
YouTube
Asato on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sundari Mitra
  Sundari Mitra LinkedIn Profile  Sundari Mitra Twitter Account  Sundari Mitra News  Sundari Mitra on Facebook
Chief Operating Officer
Anush Mohandass
  Anush Mohandass LinkedIn Profile  Anush Mohandass Twitter Account  Anush Mohandass News  Anush Mohandass on Facebook


 

 

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Next: 12/5/2023: MineOS venture capital transaction

 

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