Traversal, which provides AI agents for site reliability engineering, raised $120M co-led by Kleiner Perkins, Redpoint, and Khosla at a $1B valuation
THE SO WHAT
AI agents are moving from copilots to owning production risk—Traversal raising $120M at a $1B valuation to troubleshoot outages for customers like AmEx and Pepsi is SRE-as-agent, not SRE-as-dashboard. If you run complex infra, you now have to decide what fraction of incident response you’re comfortable delegating to autonomous systems and how you’ll audit those decisions.
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