ToyStack.ai Raises $325,000 in Pre-Seed Funding Round
Bengaluru-based ToyStack.ai has raised $325,000 in its pre-seed funding round. Founded in 2023 by Mukund Gandlur, Sravan Aditya, Arun Gandlur, and Torun Mathias, ToyStack.ai is an automated deployment tool that enables developers and software teams to reduce the time needed to deploy their code to the ToyStack cloud to a few minutes. According to the founders, the platform aims to remove time-consuming tasks associated with server setup, continuous integration and continuous deployment (CI/CD) pipelines, orchestration tools, and extensive configuration and security measures. The startup plans to utilise the funds for further product development, talent acquisition, sales, and marketing initiatives. “The pre-seed round is a validation of our product. This investment further bolsters our mission and will help us in our next phase of product development and customer growth,” said Mathias on the investment. Currently, the platform has integrated LLMs to optimise its deployment process and reduce build times. The LLM identifies patterns and inefficiencies, provides insights and suggests ways to improve optimisation, by analysing data from past build logs, error reports, and time metrics. ToyStack.ai currently boasts users from as many as 100 countries and over 14,000 deployments to their cloud. The startup currently aims to create an automated infrastructure toolchain that can simplify the deployment process for developers and companies worldwide. The round was led by angel investors, including the founder of SDU LLP Chartered Accountants, D Devaraj, and the founder of Aveda Ventures, Asit Shetty. Commenting on the startup, Devaraj said, “With increased digitisation and the advent of AI, more businesses will necessarily move to the cloud, and Toystack is providing an innovative and simple solution for automating the cloud journey.”
The startup plans to utilise the funds for further product development, talent acquisition, sales, and marketing initiatives.
The startup plans to utilise the funds for further product development, talent acquisition, sales, and marketing initiatives.
["coding", "Fund Raising"]
["funding", "programming_languages:R", "AI", "Fund Raising", "coding", "CI/CD", "Git", "Aim", "GAN", "R", "startup"]
["AI", "Aim", "R", "Git", "CI/CD", "GAN", "startup", "funding", "programming_languages:R"]
Donna is a technology journalist at AIM, hoping to explore AI and its implications in local communities, as well as its intersections with the space, defence, education and civil sectors.