RapidCanvas Raises $29M Series B to Scale Enterprise AI Delivery

RapidCanvas has raised $29 million in Series B funding to expand a business built around a persistent enterprise AI problem: getting useful applications into production, then keeping them working as the business changes. The round was led by Vertex Ventures SEA & India, with participation from Hitachi Ventures. Existing investors Accel, Peak XV Partners, Valley Capital Partners, and Titanium Ventures also participated. The October 16 announcement puts total funding at $52.5 million and reports...