Koding, a San Francisco, CA-based provider of an integrated development environment, raised $10m in Series B funding.
The round was led by Khosla Ventures with participation from 500 Startups and existing investors Matrix Partners and RTP Ventures. In conjunction with the funding, Khosla Venture’s partner, Ari Zilka, will join Koding’s board of directors.
The company intends to use the funds to continue product development and expand its marketing and sales teams.
Led by Devrim Yasar, Koding is a developer community and cloud development environment where developers can code in the browser – with a real development server to run their code. Developers can work, collaborate, write and run apps without using different services and reducing costs. It offers a development environment in the form of virtual machines(VMs), development tools in the form of an online IDE and browser based Terminal to operate on this VM and a community where developers can exchange ideas and learn.
The company’s newest product, Koding for Teams, allows developers to engage in tasks like remote interviewing, effortless on-boarding of new team members in minutes, collaborating in real time and building internal communities. Along with companies, Koding for Teams will target schools and universities worldwide to amplify intra-school learning, interactions and productivity, especially for STEM courses.
FinSMEs
05/08/2015