Raaz Dwivedi, an assistant professor at Cornell Tech and Cornell Engineering, has co-founded Traversal, an AI-powered startup aimed at transforming how modern software systems detect and resolve outages. Dwivedi, who is of Indian origin and an alumnus of IIT Bombay, helped launch the company after working in AI and causal machine learning. Traversal emerged from stealth earlier this month and is headquartered in New York City.
The startup has raised $48 million in combined seed and Series A funding from Sequoia Capital and Kleiner Perkins, with additional investment from NFDG and Hanabi. Cornell University said Traversal is already being used by Fortune 500 companies, including major cloud providers and financial institutions.
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