Code Ocean, the developer of a first-of-its-kind, computational-research laboratory SaaS platform for scientific collaboration and discovery, announced $16.5 million in Series-B funding co-led by Battery Ventures and M12, Microsoft's Venture Fund.

Code Ocean is where great computational science is created, organized and shared in one place. The Code Ocean platform provides the best way for multidisciplinary scientists to standardize workflows, and to track and reproduce all computations and discoveries. By making it easier and more efficient for scientists to collaborate, Code Ocean improves reproducibility, optimizes return on IT investment, and saves time by automating repetitive functions.