Orkes, a Cupertino, CA-based provider of a platform for distributed systems, raised $20M in funding.
The round was led by Nexus Venture Partners with participation from existing investors Battery Ventures and Vertex Ventures US.
The company intends to use the funds to build out its offerings, such as its new AI orchestration platform, that make it easy for businesses to weave complex generative AI-powered workflows into existing and new applications, and continue to grow the Conductor open-source platform and community.
Ld by CEO Jeu George, Orkes provides an enterprise-grade, cloud-hosted version of the Conductor open-source platform used by Fortune 100 companies and international corporations. Businesses across industries including banking and insurance, entertainment and media, healthcare, and more, use Orkes Conductor to focus on building business logic and architecting complex applications that are easy to manage and troubleshoot, while achieving resilience and scalability.
Thousands of organizations and Fortune 100 companies use the open-source Conductor project actively maintained by Orkes, including Atlassian, Tesla, Oracle, American Express, GE Healthcare, and government agencies like the United Kingdom’s Ministry of Justice.
FinSMEs
21/02/2024