Code Climate Raises $50M in Series C Funding

Code Climate

Code Climate, a New York-based Engineering Intelligence platform, raised $50M in Series C funding.

The round, which brought total funding to $66M, was led by PSG with participation from Union Square Ventures, Foundry Group, Lerer Hippeau Ventures, and NextView Ventures.

The company intends to use the funds to advance its product vision, extend its sales reach, and scale customer success.

Led by Bryan Helmkamp, CEO & Co-Founder, and led by Bryan Helmkamp, CEO & Co-Founder, Karthik Chandrashekar, VP of Customer Success, Corryn Hutchinson, VP of Marketing, James McGill, VP of Engineering, and Khan Smith, VP of Product, Code Climate provides software engineering organizations with an intelligence platform to uncover data-driven insights to accelerate software delivery, and drive continuous improvement. Its flagship product, Velocity, empowers companies like Faire, Instacart, and Forbes to improve the efficiency of their engineering and product organizations at scale.

Founded in New York City in 2011, Code Climate’s Engineering Intelligence products are used by over 1,000 companies from start-ups to enterprises.

FinSMEs

01/09/2021