Codesphere raises $18M for DIY software

Codesphere, a software provider that allows developers to customise existing cloud services, has raised an $18M Series A round from Creandum.

The investment will fuel further expansion of Codesphere’s services, including cost efficiency when using LLMs and improved collaboration for developer teams.

Codesphere’s teams, headquartered in Germany, is comprised of former Google developers and has already secured $26.5 million in investment from Creandum, 468, 42CAP and individuals including Ben Uretsky (Digital Ocean), Auke van Urk (Valtech), Ewa Treitz (AWS) and Dion Almaer (Google Cloud). Codesphere is working with companies like Staatsbank Baden-Württemberg (L-bank), Tel.io, Arkane, Gigabyte / Arkane, and Eurotours. 

The company aims to induce a significant reduction in infrastructure costs and make the development process self-service.

Codesphere recently started offering its services "air-gapped" and "on-prem" for companies, which means companies can use their applications without an internet connection and have the option of hosting on their own servers, which is particularly important for critical infrastructure. When VMware, one of the world's largest cloud providers, changed its license model at the beginning of the year and significantly increased its prices, international companies turned their attention not to Silicon Valley but to Karlsruhe where Codesphere is based.

Nino Messaoud, CIO of L-Bank, commented: "Codesphere's integration is part of our transformation strategy, accelerating our goal to become the most digital development bank in Europe." Other customers include Tel.io, Arkane, Gigabyte and Eurotours.

Carl Fritjofsson, GP at Creandum, said: “Codesphere is one of those incredible opportunities with almost unlimited upside. It caters to traditional enterprises looking for cost-effective ways to modernize their IT stack and development processes, to modern software companies looking for scalability, as well as personal hobby developers in need of simplicity and speed.”