Town announces $108 million Series B for team-based agents
2026-10-19 · New
Town announced a $108 million Series B co-led by Forerunner Ventures and Menlo Ventures, valuing the company at $1 billion. Its Townie assistants connect email, documents and calendars, and are designed to exchange approved information and hand work between teammates.
The investment targets the cost of waiting for colleagues and approvals, beyond individual generation speed. Funding and valuation are company-announced figures; customers still need to test sharing permissions, sustained adoption and actual collaboration outcomes.
Town: $108 million Series B announcement
Cognizant expands Gemini delivery capacity
Alliance announcement Oct 19 · Date-only source
Cognizant and Google Cloud announced an expanded alliance and a Gemini Frontier Capability Group with more than 18,000 dedicated associates. They report that over 55,000 staff completed a Build with Gemini workshop. Initial priorities include modernization, developer experience, business processes and cyber defense.
Enterprise AI adoption still needs architecture, integration and domain delivery. The 18,000 figure describes allocated capacity and 55,000 describes training completion, not new hires, project counts or recognized revenue. Customer deployments and measurable operating outcomes are the next evidence to watch.
Cognizant and Google Cloud expand their alliance