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Synopsis
XYZ Venture Capital led a $40m Series B round in Yurts, a SaaS company that offers a platform to engage with data using GenAI powered search and chat functionalities, with participation from Glynn Capital, Nava Ventures, Bloomberg Beta, and Mango Capital. "As GenAI adoption matures, the challenge is no longer about demos and pilots; it's about delivering tangible results. For both the DOD and large enterprises, this means connecting AI to the systems that matter most—your systems of record and mission-critical applications. Yurts is purpose-built to meet this need, securely integrating AI where it can truly transform operations," Ben Van Roo, Yurts Co-Founder and CEO.
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