Vishal Sikka, former CEO of Infosys, has launched Hang Ten Systems, a new startup aiming to leverage AI for enterprise software development. The firm has secured $32 million in funding and is expanding globally.
Hang Ten’s board includes Jerry Yang, co-founder of Yahoo. The company claims it can help enterprises continuously build, modify, and operate software using AI-driven technology. Sikka spent 12 years at SAP and later as a board member for Oracle before founding VianAI in 2019.
The launch comes amid a broader debate about whether AI will expand the industry’s addressable market or fundamentally alter how enterprise software is built, maintained, and delivered. Infosys itself sees AI-first services as a $300 billion to $400 billion market by 2030.
Mayfield backs Hang Ten because of Sikka’s career experience and its belief that the startup's AI-native model can scale differently from traditional services firms. Traditional IT services scale linearly, but Hang Ten is built so its leverage grows with every project, Mayfield notes.
