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Longtime tech leaders invest in new startup building billing software for data centers

Internet Backyard founders Gabriel Ravacci (left) and Mai Trinh. (Internet Backyard Photo)

Internet Backyard, a new startup building billing software for data centers and GPU providers, announced a $4.5 million pre-seed round led by Basis Set Ventures.

The two-month-old company describes itself as a β€œfinancial infrastructure layer for the AI compute economy,” aiming to automate the entire order-to-cash process and replace the spreadsheets and manual handoffs that sit between sales, operations and finance.

The company’s first product, called gnomos, is a full-stack platform that helps data center operators and their customers track and charge for GPU and infrastructure usage.

The startup plans to generate revenue by taking a small percentage of the invoice income it helps recover, plus fees on routed payment flow and data licensing. It has a longer-term goal of becoming a data aggregation layer for industry benchmarks and performance metrics.

Other backers include Crucible Capital, Maple VC, Operator Collective, Seattle-based Breakers, and angels including Jay Adelson (Equinix founder), D-Wave founder Geordie Rose (founder of D-Wave and Sanctuary AI) and Ian Crosby (founder of Bench Accounting).

The 5-person company is led by CEO Mai Trinh, a former technical project manager at Sanctuary AI, and CTO Gabriel Ravacci, a recent engineering grad who worked on next-generation AI accelerators at AMD. The startup got off the ground in Vancouver B.C. but is relocating to San Francisco.

Sources: Google has told advertising clients that it plans to bring ads to Gemini in 2026, separate from ads in AI Mode (Trishla Ostwal/Adweek)

Trishla Ostwal / Adweek:
Sources: Google has told advertising clients that it plans to bring ads to Gemini in 2026, separate from ads in AI ModeΒ  β€”Β  Google has told advertising clients in recent days that it plans to bring ads to its AI chatbot Gemini, according to agency buyers familiar with the conversations.

IBM straps AI to Db2 console in bid to modernize the old warhorse

Intelligence Center features aim to unify management across on-prem, cloud, and containerized estates

IBM has topped an autumn flurry of Db2 updates with new features for its Intelligence Center console, promising to let users manage deployments of the 42-year-old database across on-prem, cloud, and containerized environments from a single place.…

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If you've ever had to charge your phone in a pinch without your usual charger, you know the struggle of hunting for anything with a powered USB port. In those moments, even a trickle of electricity can be the difference between getting home and being stuck with a dead battery.

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