Orkes raises $60 million in Series B funding led by AVP

Michael Stern, CEO, Founder, Publisher and Editor at VC News Daily
Michael Stern, CEO, Founder, Publisher and Editor at VC News Daily
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Orkes announced on Apr. 27 that it has secured $60 million in Series B financing, with AVP leading the round. The funding also saw participation from new investor Prosperity7 Ventures and existing investors Nexus Venture Partners, Battery Ventures, and Vertex Ventures US.

The announcement comes as Orkes reports increased adoption of its platform among developers working on artificial intelligence applications. The company was founded by the original architects of Netflix’s microservices orchestration platform.

Orkes describes itself as an agent and durable workflow orchestration platform designed to help developers build and deploy AI applications in production environments.

The latest investment is expected to support Orkes as it continues to grow its user base and expand its technology offerings for developers focused on AI-driven solutions.

Looking ahead, Orkes will use the new capital to further develop its platform and meet rising demand among organizations integrating artificial intelligence into their operations.



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