Singtel Innov8, STT back $40m Series D in AI startup Moogsoft

Singtel Innov8, STT back $40m Series D in AI startup Moogsoft

Visual from Moogsoft's social media page.

Singtel Innov8, the venture capital arm of Singaporean telecom firm Singtel, and ST Telemedia (STT) have invested in the $40-million Series D funding round of US-based artificial intelligence for IT operations (AIOps) provider Moogsoft, bringing the firm’s total funding to $90 million.

The funding round, led by Goldman Sachs Growth Equity, was also joined by existing investors including HCL, Northgate Capital, Redpoint Ventures, and Wing VC, according to Moogsoft’s announcement.

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