Tech Company Financing Transactions
Codeium Funding Round
On 1/30/2024, Codeium raised $65 million in Series B funding from Kleiner Perkins, General Catalyst and Greenoaks Capital Partners.
Transaction Overview
Company Name
Announced On
1/30/2024
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to grow its engineering and sales functions, as well as increase their investment in systems and solutions to support the large and varied needs of enterprise software development teams.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
257 Castro St.
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Undisclosed
Website
Email Address
Overview
Codeium has been developed by a team of researchers and engineers to build on the industry-wide momentum on foundational models. We realized that the combination of recent advances in generative models and our world-class optimized deep learning serving software could provide users with top quality AI-based products at the lowest possible costs (or ideally, free!).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Varun Mohan
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Where The Data Comes From
We do our best to document tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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