Codeium raises $65 million in Series B funding to reduce inefficiencies in software development with generative AI-powered capabilities
Jan 30, 2024•over 1 year ago
Amount Raised
$65 Million
Investors
General CatalystGreenoaksKleiner Perkins
Description
Codeium raised $65 million in Series B funding to reduce inefficiencies in software development with generative AI-powered capabilities.
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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech