Qodo (fka CodiumAI), a Tel Aviv, Israel-based provider of a generative AI code integrity platform, raised $40M in Series A funding.
The round was led by Susa Ventures and Square Peg, with participation from Firestreak Ventures, ICON Continuity Fund, and Seed investors TLV Partners and Vine Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Itamar Friedman, Qodo provides a platform that integrates agentic AI into the environments where developers work, including IDEs, git platforms, and CLIs. It assists with intelligent code generation, testing, thorough reviews, and documentation, prioritizing quality throughout the development lifecycle. The enterprise platform also validates code correctness through an automated test-driven process where generated code is iteratively checked and fixed.
Qodo’s solutions have already been used by over 1M developers, and its enterprise platform has been adopted by industry leaders including multiple Fortune 100 companies.
FinSMEs
30/09/2024