8090 Labs completes the $135 million A round of financing, which was invested by Salesforce Ventures. The company disclosed that the round also attracted the participation of Wndrco, Craft Ventures, The Production Board, Launch and several angel investors. The founder Chamath Palihapitiya also announced a move from a board role to a direct CEO.
Enterprise-oriented development team
This company was founded in January 2024 and is the lead player in the enterprise software development. Its product, called Software Factory, is located as an AI programming agent, and its clients are not personal developers but in-house engineering teams.
According to the company, the objective of the product was to help developers build software that could be used in a formal production environment through AI, rather than just the rapid generation of prototypes. According to the company, the product also provides control functions such as audit tracking, which is usually required by the enterprise ' s clients.
Lead pitcher from Salesforce Ventures
The scale of the current round was $135 million, with Salesforce Ventures as the lead recipient. Participants also included Wndrco under Jeffrey Katzenberg, Craft Ventures under David Sachs, and David Friedberg and Jason Calacanis under All-In podcasts.
In addition, Palo Alto Networks, Chief Executive Officer Nikesh Arora, and Quora, Chief Executive Officer Adam D'Angelo, also participated as angel investors.
- Financing amount: $135 million
- Lead agency: Salesforce Ventures
- Date of incorporation: January 2024
The founder has been transferred to CEO.
On platform X, Palihapitiya indicated that, as the round of financing was completed, he would be the chief executive officer of 8090 Labs in person and no longer just a board member. This means that at the product promotion and commercialization stage, the company will be directly responsible for day-to-day operations by the founders.
From the information disclosed, 8090 Labs is currently in the direction of moving the AI programming tool from an individual efficiency scenario to an enterprise-level software delivery scenario. As funds become available and management roles become clear, the focus of corporate follow-up will fall on product location and business client outreach.