AI 'immune system' Phoebe lands backing from Google arm

AI 'immune system' Phoebe lands backing from Google arm

Founded by a pair of former Stripe executives, Phoebe aims to slash the remediation time for software glitches and has landed $17m in seed funding led by GV and Cherry Ventures, Sky News learns.

Phoebe raises $17M to build first software ‘immune system’

As AI accelerates the creation of new software, fixing live systems has remained stubbornly manual. Phoebe’s AI agents continuously monitor and react to live system data, diagnosing emerging issues and generating code and infrastructure changes to resolve them. The company has announced $17 million in seed funding led by GV and Cherry Ventures and the public launch of their platform, which is already live with engineering teams from early access…

Former Stripe CEO raises £12.6m seed funding for Phoebe

The former European leaders of payments giant Stripe have raised £12.6m for their next venture, Phoebe. Matt Henderson and James Summerfield, formerly CEO and CIO of Stripe Europe, sold their first startup, Rangespan, to Google in 2014. Phoebe is described as the ‘first immune system for software’. The AI agent platform aims to eliminate downtime by continuously monitoring and reacting to live system data, diagnosing emerging issues and generati…

Google Ventures co-leads £12.6m investment in Phoebe

Phoebe, an agentic AI startup that acts as an ‘immune system’ for software, has secured a $17m (£12.6m) investment co-led by Google Ventures. Based in London, Phoebe was founded by former executives of Stripe and Google to develop AI agents to remove software downtime. According to the company, its agents continuously monitor and react to live system data, diagnosing issues as they appear and generating code and infrastructure changes to resolve…