Hang Ten Systems secures $32M seed round to bring AI-native services to enterprise IT

A new Palo Alto startup wants to make the traditional IT services industry look like a fax machine. Hang Ten Systems, founded by former Infosys CEO Dr. Vishal Sikka, has closed a $32 million seed round led by Mayfield, with Aramco Ventures and a group of angel investors also participating.

The company, which launched just weeks ago, says it has already landed multiple seven-figure enterprise contracts.

The pitch: AI replaces the outsourcing army

The company’s approach centers on what it calls agentic code generation and reusable skills libraries. In practical terms, that means deploying AI agents that can write, test, and ship software with minimal human oversight, while building up a library of domain-specific capabilities that improve over time.

Sikka isn’t building this alone. His co-founder Navin Budhiraja serves as CTO, and the company’s board includes Jerry Yang, the co-founder of Yahoo.

Early customers and enterprise validation

The company has secured contracts with Siemens Gamesa Renewable Energy and Fresenius, both major European industrial players with complex IT needs.

The company’s initial engagements span finance, HR, and product development functions.

Sikka’s second act

Vishal Sikka’s career arc makes him one of the more interesting founders in the current AI wave. He spent years as a senior executive at SAP, where he helped architect the company’s in-memory database platform HANA. He then took the top job at Infosys in 2014, becoming the first non-founder to lead the Indian IT giant.

His tenure at Infosys was marked by an aggressive push toward automation and AI, but also by boardroom conflicts with the company’s founders that ultimately led to his departure in 2017.