Series C funding $150M, Codeium Announces
California’s Mountain View With the announcement of securing $150 million in Series C funding, Codeium’s valuation has increased to $1.25 billion.
Codeium, a platform that accelerates code using AI, said today that it has raised $150 million in Series C funding, increasing its valuation to $1.25 billion and catapulting the startup into unicorn status in less than two years from launch. Leading the round was General Catalyst, with ongoing backing from Kleiner Perkins and Greenoaks, two of the original investors.
Visit the Website for more details:- News Source
Codeium is a generative AI-driven coding platform that maximises developer productivity by minimising software development inefficiencies through the use of proprietary code-biased Large Language Models (LLMs). Codeium, which was created with maximum flexibility in mind, is compatible with more than 40 Integrated Development Environments (IDEs) and supports more than 70 languages, including Visual Studio Code, Eclipse, Jupyter Notebooks, and the JetBrains suite.
| Date | Amount | Type | Investor | Valuation |
| 30/08/2024 | $150,000,000 | Series C | 1.General Catalyst Partners(Lead) 2.Greenoaks Capital Management 3.Kleiner Perkins Caufield and Byers | $1250,000,000 |
(c) by IloveInvestor. For contact info, please check out our About Us page.
