The Paris- and San Francisco-based platform’s Series B is co-led by Abstract and Sequoia, with Snowflake and Datadog participating. Total funding is now north of $60m.

Dust, the Paris- and San Francisco-based enterprise AI platform, has raised a $40m Series B co-led by Abstract and Sequoia, with participation from Snowflake and Datadog, the company said on Monday.

The round takes Dust’s total funding to more than $60m and follows a $16m Series A in June 2024, also led by Sequoia.

Dust is selling a particular argument about what enterprise AI is missing: that the dominant product shape so far has been an assistant per person, with the context from each session disappearing back into a private chat window once it ends.

The company calls that ‘single-player AI’, and frames its own product as the ‘multiplayer’ alternative: a shared workspace where agents and employees draw from the same projects, conversations, files, notifications, and to-do lists, governed centrally and connected to the systems the company already runs on.