8090 Labs has completed a $135 million Series A round led by Salesforce Ventures. The company disclosed that the financing also included participation from WndrCo, Craft Ventures, The Production Board, Launch, and several angel investors. Founder Chamath Palihapitiya has also announced his transition from board member to CEO.
For enterprise development teams
The company was founded in January 2024, focusing on enterprise software development scenarios. Its product, Software Factory, is positioned as an AI programming agent designed for enterprise engineering teams, not individual developers.
The company states that the product is designed to help developers build software ready for production environments using AI, rather than just rapidly prototyping. According to the company, the product also provides control features typically required by enterprise customers, such as audit trails.
The lead investor is Salesforce Ventures.
This funding round amounted to $135 million and was led by Salesforce Ventures. Other participants include WndrCo, founded by Jeffrey Katzenberg; Craft Ventures, led by David Sacks; and institutions associated with All-In podcast investors David Friedberg and Jason Calacanis.
Additionally, Palo Alto Networks CEO Nikesh Arora and Quora CEO Adam D’Angelo participated as angel investors.
- Funding amount: $135 million Series A
- Lead investor: Salesforce Ventures
- Company founded: January 2024
Founder transitions to CEO
Palihapitiya stated on X that, with this funding round completed, he will personally serve as CEO of 8090 Labs, rather than just a board member. This means the company’s day-to-day operations during its product development and commercialization phase will be directly overseen by the founder.
Based on disclosed information, 8090 Labs is currently focusing on transitioning AI programming tools from individual productivity use cases to enterprise-level software delivery. With funding secured and management roles clarified, the company’s next priorities will be product execution and expanding enterprise customer acquisition.