AI automation workflow startup Tessera Labs raises $60 million in funding led by a16z

Odaily reported that AI automation workflow startup Tessera Labs has announced a $60 million funding round led by a16z, with participation from Foundation Capital, Myriad Venture Partners, Osage University Partners, and others. The company primarily leverages AI to automate enterprise SAP and ERP migration and modernization processes. Its AI-native platform can compress enterprise transformation project timelines from years to weeks and reduce costs by more than half. (TechfundingNews)