Intelligent CIO North America Issue 50 | Page 12

Allstacks raises $ 10m Series A to give software engineering teams a strategic voice in the boardroom
Western Governors University selects Aera Technology for industry-first Decision Intelligence ecosystem
NEWS

Allstacks raises $ 10m Series A to give software engineering teams a strategic voice in the boardroom

Allstacks has raised $ 10m in Series A funding to empower engineering and product teams with the data they need to demonstrate the impact of software development across their businesses .

Allstacks will work with Microsoft globally through their portfolio development program to help enterprises track the efficiency , and ultimately the ROI , of implementing Microsoft Copilot in their engineering teams .
The round , which takes Allstacks ’ total funding to $ 25m , was led by Quadri Ventures , a leading global investor in enterprise B2B software companies , alongside M12 , Microsoft ’ s Venture Fund and First Rays , who join existing investors including Companyon Ventures , Clutch VC , S3 Ventures , Tweener Fund , CreativeCo and Hyperplane .
By aggregating historical data gathered from common development tools , Allstacks informs engineers and cross-functional leaders of the business ’ changing software development timelines and dependencies .
Andrew Drylie , Principal , Quadri Ventures , said : “ Allstacks is pioneering a new level of innovation in the software engineering intelligence market – we are proud to support a business that is setting a new standard for the industry .
Todd Graham , Managing Partner , M12 , Microsoft ’ s Venture Fund , said : “ At M12 , we invest in visionary companies transforming industries , and Allstacks exemplifies this . By providing a single source of truth for software engineering teams , Allstacks enhances project health , aligns with business strategy and drives transparency and accountability in development . Their innovative use of advanced analytics and machine learning sets them apart - we ’ re excited to support their mission to revolutionize software project management .”

Western Governors University selects Aera Technology for industry-first Decision Intelligence ecosystem

Western Governors University ( WGU ) – the largest nonprofit , competency-based , online higher education institution in the US – has selected the Aera Decision Cloud platform to create an industry-first Decision Intelligence solution for scalable , personalized student support .

Using the platform ’ s decision capabilities , WGU will help close equity gaps , increase student course completion rates , and improve graduation outcomes in higher education .
“ There are many projects focused on using AI in higher education , but we are focused on something more fundamental – empowering better decision-making at the individual level to drive completion , return and equitable outcomes for our students at scale .”
With 74 % of WGU ’ s approximately 176,000 studentscoming from one or more underserved populations , WGU is committed to improving graduation rates and equitable attainment .
By implementing a Decision Intelligence ecosystem WGU can identifying struggling students and determining the type of outreach and instruction needed to get them back on track .
“ Aera ’ s leadership in Decision Intelligence provides the decision ecosystem capability we need to reinvigorate the promise of higher education ,” said Jennie Sanders , Vice President of Instruction , Western Governors University . “ There are many projects focused on using AI in higher education , but we are focused on something more fundamental – empowering better decision-making at the individual level to drive completion , return and equitable outcomes for our students at scale .”
Fred Laluyaux , Aera Technology CEO , said : “ Collaborating with the Western Governors University team , we are demonstrating the amazing power of Decision Intelligence and its ability to enable meaningful student and instructor outcomes and achieve new milestones for AI and human teams .”
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