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Tessera Labs Raises $60M in Funding Led by Andreessen Horowitz to Transform ERP Modernization
· Financial Post
SAN JOSE, Calif. -- Tessera Labs today announced $60 million in oversubscribed funding led by Andreessen Horowitz (a16z) to accelerate its mission of bringing AI-native automation to enterprise transformation. Foundation Capital, Myriad Venture Partners, and Osage University Partners also participated. The announcement arrives as the global SAP community convenes in Orlando for its flagship annual event, underscoring the urgency of modernization at scale. The capital will accelerate platform development, scale go-to-market operations, and expand the company's team of AI researchers and domain experts. Read More