Traversal raises $120M at a $1B valuation for AI agents that do site reliability work

Traversal raised $120 million at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla, with Sequoia also in, per Traversal's site and SiliconANGLE. Its agents read logs, metrics and traces to find the root cause of outages and suggest a fix a human approves. SiliconANGLE lists PepsiCo, DigitalOcean, Nubank and Harvey as customers; growth figures are the company's own.

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Nov 3, 2026, 18:10 ET

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