Rune Technologies: $6.2 Million (Seed) Raised For Defense And Military Logistics Platform
Rune Technologies, a defense technology company building software to enable military logistics in contested environments at the tactical and operational levels, announced $6.2 million in seed funding. The funding round was led by Andreessen Horowitz with participation from Point72 Ventures and XYZ Venture Capital and individual investments from several leading defense technology executives including Anduril SVP of Software Gokul Subramanian, Vannevar Labs CEO Brett Granberg, Cape CEO John Doyle, and Forterra CGO Scott Sanders, and others.
Rune’s cofounders, David Tuttle and Peter Goldsborough, were previously with Anduril Industries, where they led integrated hardware-software efforts within Anduril’s C2 Systems Division in support of the military. And Rune’s founding team recognized the importance of military logistics as an integral part of Joint All Domain Command & Control (JADC2) efforts while identifying that it was not getting the same level of necessary attention and focus from industry as other warfighting functions at the time.