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Standard Template Labs (STLabs) launched with $49 million in seed funding co-led by ICONIQ and CRV to innovate IT service management. The funding will accelerate efforts to automate enterprise IT operations, aiming to resolve 80% of IT tickets and streamline processes.

STLabs features an AI module, Axiom, which keeps IT system records current. The founding team includes professionals from companies like Datadog and Amazon. STLabs is targeting IT, Security, Engineering, and Shared Services teams seeking automation solutions and is already collaborating with enterprise design partners.