Arcade raises $12M from Perplexity co-founder’s new fund to make AI agents less awful

Arcade, an AI agent infrastructure startup founded by Alex Salazar and Sam Partee, has secured $12 million in funding from Laude Ventures. Laude Ventures, co-founded by Andy Konwinski, targets deeply technical founders and was impressed by Arcade's tool-calling platform for AI agents that integrates with OAuth and manages secure token access.