NORM RAISES $120M AT $1.2B VALUATION
■ AI-SUMMARIZED FROM 3 SOURCES ▸ TIMELINE
Norm, an AI law firm blending artificial intelligence with human lawyers, secured $120 million in funding led by Khosla Ventures. The round values the startup at $1.2 billion.
■ MORE FROM THE STARTUPS DESK
A former PG&E engineer launched a startup building digital maps of underground infrastructure. The company just secured $26 million in Series A funding to expand operations and streamline utility and construction work.
Sequoia-backed Empirik launched today with $21 million in funding to predict infrastructure failures before they occur. The startup applies AI-driven automation to IT operations, positioning itself as the infrastructure equivalent of coding assistant Cursor.
Israeli startup Air Security has emerged from stealth with $50 million in funding led by Sequoia and Greenoaks. The company addresses security risks in AI agent extensions and third-party tools.
Israeli startup DataAgent emerged from stealth with $10 million in pre-seed funding to deploy AI agents that autonomously resolve failures within companies' cloud infrastructure. The platform aims to reduce the cost and complexity of observability by operating directly in production environments.