202319 Sep

Spanish startup Codee raises €5 million to bring automated software testing for performance to market

Summary

This round also features the continued support of current investors Caixa Capital Risc, Unirisco, Xesgalicia, Armilar, and KFund, who had already demonstrated their trust in Codee during the company’s inception. The Codee value proposition has been proven with the C programming language in the x86 ecosystem, enabling up to 18x performance boost for compute-intensive workloads using Intel oneAPI tools. As software complexity and velocity continues to grow rapidly, the adoption of automated code testing tools is key for many companies to deliver high-quality products and defend their competitive advantage. Closing this round of investment successfully has already contributed to improving the confidence and trust of our customers and prospects in Automotive, Medical, Electronics, Renewable Energies and High Performance Computing in the United States, Saudi Arabia, Australia and Europe. Xavier Álvarez, ICT Director at Caixa Capital Risc, also noted: “This investment round will enable Codee to execute its ambitious plans to scale to the next stage.

Source: Eu-startups

Funding

$5.37M
Amount
Sep 19 2023
Date
-
Investor
Codee
Company

Classifications

Companies