Infield Raises $3 Million in Funding
Infield, a New York-based software-as-a-service (SaaS) platform, has launched with $3 million in funding for its open-source dependency manager.
The funding round was led by Foundation Capital, with participation from Y Combinator and Firsthand Alliance, among others.
Founded in 1995, Foundation Capital is a venture capital firm based in Palo Alto, California. The firm prefers to invest in the enterprise, applications, data platforms, security & privacy, infrastructure, fintech, consumer, and cryptocurrency sectors.
Founded in 2022 by Steve and Allison Pike, and Andrew Lenehan, Infield is an open-source dependency update manager designed to make open-source dependency upgrades safer and more efficient by identifying breaking changes and managing the details of dependency updates. The company uses Large Language Models to ingest changelogs and identify signs that a particular update could cause issues. The company is on a mission to make open-source software as safe and easy to update as Google Chrome.
Funding Details
Company: Infield, Inc.
Raised: $3.0M
Round: Seed Round
Funding Month: January 2024
Lead Investors: Foundation Capital
Additional Investors: Y Combinator and Firsthand Alliance
Company Website: https://cellvoyant.com/
Software Category: Dependency Management