Former Infosys chief’s AI startup nabs another $53M
Hang Ten says it has reached $85 million in seed funding four months after launch.
The new $53 million extension was led by Xora, with Mayfield also joining again. Vishal Sikka told TechCrunch the company has multiple seven-figure enterprise contracts, is pursuing eight-figure deals, and is working across 21 major customers or late-stage prospects. Hang Ten is selling AI-assisted enterprise software build and modernization work, using an internal framework called Hobie rather than building its own model. Sikka said the company has already turned down acquisition offers while it expands hiring. TechCrunch AI's note
The new $53 million extension was led by Xora, with Mayfield also joining again. Vishal Sikka told TechCrunch the company has multiple seven-figure enterprise contracts, is pursuing eight-figure deals, and is working across 21 major customers or late-stage prospects. Hang Ten is selling AI-assisted enterprise software build and modernization work, using an internal framework called Hobie rather than building its own model. Sikka said the company has already turned down acquisition offers while it expands hiring. TechCrunch AI's note
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