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

Odaily AI automation workflow startup Tessera Labs announced the completion of a $60 million funding round, led by a16z, with participation from Foundation Capital, Myriad Venture Partners, and Osage University Partners. The company primarily utilizes 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)