Your Source for Venture Capital and Private Equity Financings

Venture Capital News: Codeium Announces $150M Series C Round

2024-08-29
MOUNTAIN VIEW, CA, Codeium announced it has secured $150 million in Series C funding, raising the company's valuation to $1.25 billion
Today, Codeium, an AI-powered code acceleration platform, announced it has secured $150 million in Series C funding, raising the company's valuation to $1.25 billion and bringing the startup to Unicorn status in less than two years from inception. The round was led by General Catalyst, with continued support from existing investors Kleiner Perkins and Greenoaks.

Codeium is a generative AI-powered coding platform that leverages proprietary code-biased Large Language Models (LLMs) to reduce inefficiencies in software development and maximize developer productivity. Designed for optimal flexibility, Codeium supports over 70 languages and integrates with over 40 Integrated Developer Environments (IDEs), such as Visual Studio Code, the JetBrains suite, Eclipse, and Jupyter Notebooks.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors