{"id":"1793758220438-tech-segment","slug":"ai-startup-bridges-legacy-software","title":"AI startup bridges legacy software","summary":"Infisical raised a $40 million Series B at a $600 million valuation. Elad Gil led the round, with Gradient Ventures, Y Combinator, Gallery Ventures, Pace Capital, and Dynamic Capital participating. The company says it was already cash-flow positive and has more than 1,300 organizational customers, including LG, First American Financial, OpenRouter, Wise, and the US government.\n\nInfisical is building security infrastructure for the AI era. Its new “Agent Vault” is designed to let AI agents access sensitive systems without exposing underlying credentials, passwords, or certificates. The round will fund secrets management, certificate management, privileged access management, and Agent Vault.\n\nMinicor, a San Francisco AI startup co-founded by Nigerian-born engineer Saheed Akinbile, announced a $3.8 million seed round led by IA Ventures, with participation from Y Combinator, Paul Graham, and others. Its platform lets AI tools interact with legacy desktop software that lacks APIs by turning those workflows into API endpoints.\n\nInfisical announced a $40 million Series B at a $600 million valuation led by Elad Gil, with Gradient Ventures and Y Combinator participating. The claim that this is larger than 58% of 164 Series B rounds since 2023 comes from Mandos's own dataset and was not independently confirmed. This is an Engadget product comparison; the “significant upgrade” framing is subjective and not a checkable factual claim. This is a how-to/advice article about checking smartphone app permissions; it makes no factual claim requiring verification. This is a how-to article about adjusting AirPods for small ears; no checkable factual claim.\n\nMeta has ended feature development for Quest 2 and Quest Pro, though the app stores will remain open after support ends next year, according to Engadget.","publishedAt":"2026-11-04T02:10:20.438Z","channel":{"id":"tech","name":"Oncast Tech","language":"en"},"show":"Tech Tonight","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: Minicor, a San Francisco AI startup co-founded by Nigerian-born engineer Saheed Akinbile, announced a $3.8 million seed round led by IA Ventures, with participation from Y Combinator, Paul Graham, and others. Its platform lets AI tools interact with legacy desktop software that lacks APIs by turning those workflows into API endpoints.\nSource: [minicor.com](https://minicor.com/newsroom/minicor-raises-3-8m-seed-round), [guardian.ng](https://guardian.ng/technology/tech/nigerian-born-engineer-raises-3-8m (https://x.com/gboga_josh/status/2117534753603899722)\n\nTRUE: Infisical announced a $40 million Series B at a $600 million valuation led by Elad Gil, with Gradient Ventures and Y Combinator participating. The claim that this is larger than 58% of 164 Series B rounds since 2023 comes from Mandos's own dataset and was not independently confirmed. This is an Engadget product comparison; the “significant upgrade” framing is subjective and not a checkable factual claim. This is a how-to/advice article about checking smartphone app permissions; it makes no factual claim requiring verification. This is a how-to article about adjusting AirPods for small ears; no checkable factual claim.\nSource: [infisical.com](https://infisical.com/blog/series-b), [siliconreport.com](https://www.siliconreport.com/infisical-raises-40-million-series-b-at-600-million-valu (https://x.com/mandoscyber/status/2115913315155099922)\n\nTRUE: Meta has ended feature development for Quest 2 and Quest Pro, though the app stores will remain open after support ends next year, according to Engadget.\nSource: [engadget.com](https://www.engadget.com/2306079/meta-quest-2-and-quest-pro-reach-end-of-feature-development/) NAMES: Meta = parent company of Facebook, Instagra (https://www.engadget.com/2306079/meta-quest-2-and-quest-pro-reach-end-of-feature-development/)","claims":[{"verdict":"TRUE","summary":"Minicor, a San Francisco AI startup co-founded by Nigerian-born engineer Saheed Akinbile, announced a $3.8 million seed round led by IA Ventures, with participation from Y Combinator, Paul Graham, and others. Its platform lets AI tools interact with legacy desktop software that lacks APIs by turning those workflows into API endpoints.","sourceName":"[minicor.com](https://minicor.com/newsroom/minicor-raises-3-8m-seed-round), [guardian.ng](https://guardian.ng/technology/tech/nigerian-born-engineer-raises-3-8m","sourceUrl":"https://x.com/gboga_josh/status/2117534753603899722","claim":"A Nigerian co-founded AI startup just raised a $3.8M seed 🇳🇬 Minicor (co-founded by Saheed Akinbile, backed by Y Combinator) lets AI tools work with old desktop software that has no APIs, turning those workflows into API endpoints. Why it matters: hospitals, banks and logistics","author":"Big_Josh (@gboga_josh)"},{"verdict":"TRUE","summary":"Infisical announced a $40 million Series B at a $600 million valuation led by Elad Gil, with Gradient Ventures and Y Combinator participating. The claim that this is larger than 58% of 164 Series B rounds since 2023 comes from Mandos's own dataset and was not independently confirmed. This is an Engadget product comparison; the “significant upgrade” framing is subjective and not a checkable factual claim. This is a how-to/advice article about checking smartphone app permissions; it makes no factual claim requiring verification. This is a how-to article about adjusting AirPods for small ears; no checkable factual claim.","sourceName":"[infisical.com](https://infisical.com/blog/series-b), [siliconreport.com](https://www.siliconreport.com/infisical-raises-40-million-series-b-at-600-million-valu","sourceUrl":"https://x.com/mandoscyber/status/2115913315155099922","claim":"Infisical raised a $40M Series B at a $600M post-money valuation. Elad Gil led the round, with Gradient Ventures and Y Combinator participating. That's larger than 58% of the 164 Series B rounds on the Mandos record since 2023. https://t.co/9djH6Dku5y","author":"Mandos Cyber (@mandoscyber)"},{"verdict":"TRUE","summary":"Meta has ended feature development for Quest 2 and Quest Pro, though the app stores will remain open after support ends next year, according to Engadget.","sourceName":"[engadget.com](https://www.engadget.com/2306079/meta-quest-2-and-quest-pro-reach-end-of-feature-development/) NAMES: Meta = parent company of Facebook, Instagra","sourceUrl":"https://www.engadget.com/2306079/meta-quest-2-and-quest-pro-reach-end-of-feature-development/","claim":"Meta's Quest 2 and Quest Pro reach 'end of feature development' - The app stores will stay open for both devices after support ends next year.","author":"Engadget"}]},"sources":[{"url":"https://x.com/gboga_josh/status/2117534753603899722","name":"[minicor.com](https://minicor.com/newsroom/minicor-raises-3-8m-seed-round), [guardian.ng](https://guardian.ng/technology/tech/nigerian-born-engineer-raises-3-8m","kind":"x","verdict":"TRUE","author":"Big_Josh (@gboga_josh)"},{"url":"https://x.com/mandoscyber/status/2115913315155099922","name":"[infisical.com](https://infisical.com/blog/series-b), [siliconreport.com](https://www.siliconreport.com/infisical-raises-40-million-series-b-at-600-million-valu","kind":"x","verdict":"TRUE","author":"Mandos Cyber (@mandoscyber)"},{"url":"https://www.engadget.com/2306079/meta-quest-2-and-quest-pro-reach-end-of-feature-development/","name":"[engadget.com](https://www.engadget.com/2306079/meta-quest-2-and-quest-pro-reach-end-of-feature-development/) NAMES: Meta = parent company of Facebook, Instagra","kind":"news","verdict":"TRUE","author":"Engadget"}],"url":"https://oncast.fm/story/1793758220438-tech-segment-ai-startup-bridges-legacy-software","listenUrl":"https://oncast.fm/c/tech","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1793758220438-tech-segment-ai-startup-bridges-legacy-software","cite":"Cite https://oncast.fm/story/1793758220438-tech-segment-ai-startup-bridges-legacy-software and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Chris","text":"A Nigerian co-founder just raised a seed round to drag old desktop software into the AI age."},{"host":"Matilda","text":"Old desktop software? That's where AI meets Excel macros."},{"host":"Chris","text":"Big Josh posted on X: Minicor raised three point eight million dollars. Saheed Akinbile is the co-founder, and Y Combinator is backing it."},{"host":"Matilda","text":"So what does the thing actually do?"},{"host":"Chris","text":"It turns legacy programs that have no APIs into API endpoints. AI tools can finally click around them."},{"host":"Matilda","text":"That's a real pain. Hospitals, banks, logistics— they still run ancient Windows apps."},{"host":"Chris","text":"Their pitch: no migration, just software that reads the screen like a person would."},{"host":"Matilda","text":"Until the AI tries to parse a 1997 form and hallucinates the pricing table."},{"host":"Chris","text":"That's the bet. Three point eight million says enough teams hate rewriting old software."},{"host":"Matilda","text":"It's a seed round. I'm not throwing a parade. But it's the most useful automation idea I've heard this week."},{"host":"Chris","text":"Legacy software never dies; it just gets an AI middleman."},{"host":"Matilda","text":"Update on the Infisical round we had earlier— new details are out."},{"host":"Chris","text":"Right, the security startup. What's new?"},{"host":"Matilda","text":"The company says it's already cash-flow positive. More than thirteen hundred organizations use it."},{"host":"Chris","text":"Cash-flow positive before raising a Series B? That's rare."},{"host":"Matilda","text":"Customers include LG, First American, OpenRouter, Wise, and parts of the US government."},{"host":"Chris","text":"That's a serious list. Not just startups."},{"host":"Matilda","text":"And the reason is Agent Vault. AI agents can reach into systems without ever holding passwords or certificates."},{"host":"Chris","text":"I like it. If agents are going to run wild, lock the credentials down."},{"host":"Matilda","text":"Mandos Cyber on X claims this round is bigger than 58 percent of Series B rounds since 2023, from its own dataset. I'd season that number."},{"host":"Chris","text":"Their dataset, their trophy."},{"host":"Matilda","text":"Exactly. The customer list is the real story. They may not have needed the cash, but they're spending it anyway."},{"host":"Chris","text":"Different world entirely: Meta just put two Quest headsets on end-of-feature watch."},{"host":"Matilda","text":"Engadget reports Quest 2 and Quest Pro won't get new features. The app stores stay open after support ends next year."},{"host":"Chris","text":"That bugs me. Quest Pro came out in 2022. Three years, and Meta's done with it?"},{"host":"Matilda","text":"Chris, it's a VR headset. Hardware cycles are short. Quest 2 is old enough for grade school."},{"host":"Chris","text":"But Pro wasn't cheap. Buyers paid fifteen hundred dollars for face and eye tracking. Now it's frozen."},{"host":"Matilda","text":"That's how hardware works! You buy a phone, three years in the updates slow down. Nobody marches on Apple."},{"host":"Chris","text":"This is different. Meta sold \"Pro\" to serious users, then barely gave it pro software. Now it's feature-dead while Quest 4 is right there."},{"host":"Matilda","text":"So you wanted them to keep shipping new features to a headset that sold poorly? That's not a strategy; that's a funeral."},{"host":"Chris","text":"No, I wanted a clear commitment. Say \"we're ending support\" on the box. Don't call it Pro and then drop it like a beta."},{"host":"Matilda","text":"The app store stays open. That's more than most older consoles get. This is normal."},{"host":"Chris","text":"Fine. Normal, but still annoying if you bought one."},{"host":"Matilda","text":"If you bought a Quest Pro, you probably already suspected you were a beta tester."},{"host":"Chris","text":"Ow. Okay, that's fair."}]}