Arcade raises $12M from Perplexity co-founder's new fund to make AI agents less awful | TechCrunch
Briefly

Arcade, an AI startup founded by ex-Okta executive Alex Salazar and former Redis engineer Sam Partee, has secured $12 million from Laude Ventures. The duo recognized shortcomings in existing AI agents, particularly those reliant on public data that hinder their real-world usability. To overcome these challenges, they pivoted from developing a typical site reliability agent to creating a tool-calling platform aimed at improving AI agents' effectiveness, aspiring to mirror Okta's impact on SaaS services.
Arcade's founders realized that many AI agents struggle due to their reliance on public data, which limits their functionalities in real-world applications.
The startup aims to revolutionize AI agents by creating a platform that connects them to relevant private data, making them more effective in their tasks.
Salazar and Partee learned that traditional agents were ineffective and thus pivoted their strategy to construct a robust tool-calling platform.
Arcade intends to do for AI agents what Okta accomplished for SaaS, transforming the landscape with a focus on service and reliability.
Read at TechCrunch
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