Qodo (fka CodiumAI) Raises $40M in Series A to Expand Generative AI Code Integrity Platform
Qodo is transforming the software development process by integrating advanced AI into the development workflow, providing tools that ensure code quality and correctness.
Company Name: Qodo (formerly CodiumAI)
Location: Tel Aviv, Israel
Sector: AI, Software Development, Code Integrity
Funding Details: Raised $40 million in Series A funding, led by Susa Ventures and Square Peg, with participation from Firestreak Ventures, ICON Continuity Fund, TLV Partners, and Vine Ventures.
Purpose of Investment: The company plans to use the funds to expand operations and accelerate development efforts, particularly in scaling its generative AI platform for code integrity.
Product and Innovation: Led by CEO Itamar Friedman, Qodo provides a generative AI platform designed to ensure code integrity throughout the development lifecycle. It integrates agentic AI into developer environments, including IDEs, git platforms, and CLIs, assisting with code generation, testing, reviews, and documentation. The platform’s intelligent test-driven approach ensures that code correctness is validated through automated iterative testing and fixing, prioritizing high-quality outcomes for developers.
Recent Developments: With over 1M developers already utilizing Qodo’s solutions, the platform has seen significant adoption, including by multiple Fortune 100 companies leveraging its enterprise platform.
About the Company: Qodo is transforming the software development process by integrating advanced AI into the development workflow, providing tools that ensure code quality and correctness. The platform’s comprehensive approach to code integrity offers a competitive edge in a fast-paced industry, helping developers and enterprises alike to deliver robust, reliable software.