Acumen.io News
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growth-positive
Acumen nabs $7M seed to keep engineering teams on track
Israeli engineering operations startup Acumen has raised a $7 million seed investment to continue building its product and bring it to market. The company aims to address the challenges faced by engineering teams as they scale, including a lack of visibility into team performance and interdependencies that impact schedules. Acumen collects data from planning and communications tools used by engineering teams, using machine learning to identify potential problems and present them in a customizable dashboard. The tool is targeted at engineering team leaders and offers suggestions on how to prevent bottlenecks. Acumen has been in closed private beta since last year and is launching publicly this week. The company plans to hire 10 more employees by the end of the year.
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growth-positive
Israel-based Acumen raises $7 million in seed for engineering solutions platform
Acumen, an engineering intelligence platform, has secured $7 million in seed funding. The funding round included participation from Hetz Ventures, 10D, Crescendo Venture Partners, and Jibe. Acumen helps software development teams improve predictability and productivity by unifying data from different engineering systems and utilizing machine learning to identify hidden patterns. The platform is used by companies like Bizzabo, Cloudshare, and Logz.io. Acumen aims to provide a comprehensive view of engineering teams and offer contextual intelligence to solve challenges and improve outcomes. The CEO and co-founder of Acumen, Nevo Alva, stated that the platform helps teams stay aligned and focused on high-priority issues. Acumen was founded in 2019 and is led by experienced entrepreneurs.
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