June launches with $20M to speed up enterprise software projects
June.ai Technologies Inc., a startup that uses artificial intelligence to modernize enterprise software environments, launched today with $20 million in funding.
The pre-seed round was led by Time Ventures with participation from SV Angel, Vesey Ventures and other funds. They were joined by several prominent angel investors. The group included Michael Dell, VMware co-founder Diane Greene and CrowdStrike Holdings Inc. Chief Executive George Kurtz.
June was launched last year by four former Salesforce Inc. executives. They joined the cloud giant in 2019 after it acquired their previous venture, an early AI startup called Bonobo AI Ltd. Time Ventures, the fund that led June’s round, is affiliated with Salesforce CEO Marc Benioff.
Changing the core applications that an enterprise uses to power its employees’ work can be a highly complicated task. The same applies to large-scale AI agent rollouts. As a result, companies often offload some of the work to professional service providers. That can significantly increase the cost of software projects.
