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Search resuls for: "Morgante Pell"


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Aug 15 (Reuters) - Artificial intelligence code cleanup startup Grit has raised a $7 million in a seed round, the New York City-based startup said on Tuesday. Founders Fund and Abstract Ventures led the round, with participation from Quiet Capital, 8VC, A* Capital, AME Cloud Ventures, SV Angel, Operator Partners, CoFound Partners, and Uncorrelated Ventures. Grit provides an AI-powered product that automates software maintenance, traditionally a manual and frustrating task for software engineering teams, particularly for large enterprises with antiquated code bases. For example, when new versions of software come out, engineering teams can spend months updating their code to work with the new software version, which Grit uses AI to entirely automate, said the company’s CEO Morgante Pell. In one case, a software project that was supposed to take six months was shortened to one week using Grit, he said.
Persons: Morgante Pell, , John Luttig, Anna Tong, Tomasz Janowski Organizations: New, Fund, Ventures, Quiet, AME Cloud Ventures, SV Angel, Partners, CoFound Partners, , Reuters, , Thomson Locations: New York City, San Francisco
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