Spanish software development platform Codee has raised a €5 million funding round. The round was led by Swanlaab Venture Factory and includes participation from existing investors Caixa Capital Risc, Unirisco, Xesgalicia, Armilar, and Kfund. The funding will allow Codee to expand its customer base and additionally fuel the continuous build of its platform for testing automated code performance.
“Codee is the first company invested from our newly created fund. We were impressed by Codee’s vision to empower developers to be more efficient, and Codee’s team focus on bringing their innovative solution to the market and set Codee as a category leader gained our attention when looking for Deep Tech startups to invest on," says Mark Kavelaars, Managing Partner and co-founder at Swanlaab
With its main customer base in the automotive, medical, electronics, renewable energies and high-performance computing sectors in the United States, Saudi Arabia, Australia and Europe, Codee's solution spots performance issues and problems with automated code, early on, which is a huge time-saving benefit to developers.
Codee's value proposition has been proven with the C programming language in the x86 ecosystem, enabling up to 18x performance boost for compute-intensive workloads using Intel oneAPI tools. Codee is extending support for the C++ and Fortran programming languages, as well as for the Arm and RISC-V ecosystems. Codee is automating new checkers, in cooperation with the developer's community to extend the Open Catalog of Best Practices for Performance. (Credit: Codee)
Lead image: via Codee. Photo: Uncredited.