ServiceNow AI: $4.5M Seed Round for Bearing, Analyst Highlights Software's Pivotal Role
Dan Ives said enterprise software maintains a pivotal role in AI buildouts, reinforcing demand for ServiceNow’s AI-driven offerings. Concurrently, Bearing raised $4.5M in an oversubscribed seed round to scale physical security operations on ServiceNow’s AI platform, highlighting partner ecosystem growth.
1. Analyst Emphasizes Software’s Role in AI Buildouts
Dan Ives stated that enterprise software remains central to AI development, underscoring potential demand growth for ServiceNow’s AI-driven offerings and workflow automation solutions.
2. Bearing Raises $4.5M for Physical Security on ServiceNow AI Platform
Bearing closed an oversubscribed $4.5 million seed round led by AZ-VC with continued investment from High Alpha, PHX Ventures and Lightbank to scale its native physical security operations software on ServiceNow’s AI platform, enhancing enterprise resilience and compliance capabilities.