OpenHands Raises $18.8M to Scale Enterprise Cloud Coding Agents




📅 - OpenHands, a rapidly growing open platform for cloud-based coding agents, has raised an $18.8 million Series A to accelerate its push toward enterprise-scale autonomous software development. The round was led by Madrona, with participation from Menlo Ventures, Obvious Ventures, Fujitsu Ventures, and Alumni Ventures.

The company also announced a strategic collaboration with AMD, signaling a move to optimize agent performance across open, enterprise-controlled environments rather than proprietary SaaS tools.

The investment highlights a rising demand for automation tools that go beyond IDE-based assistants and traditional AI code copilots. While many agentic development tools tie customers [...][... Check source for end of article ...]
Tags: PaaS

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