Spain's Codee Raises €5M To Expand Automated Code Performance Testing Platform
Sep 20, 2023•almost 2 years ago
Amount Raised
€5 Million
Investors
KfundArmilarXesgaliciaUniriscoCaixa Capital RiscSwanlaab Venture Factory
Description
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
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers