Ex-Datadog Leader’s AI Startup Nabs First $49 Million Funding
The deal is Iconiq’s first-ever startup incubation.
Standard Template Labs, founded by former Datadog Inc. President Amit Agarwal, has raised $49 million in its debut financing to try to remake how information technology services operate within big businesses.
The deal, which is large for a seed round, is the latest in a wave of financings for startups building AI-powered tools for services industries.