Codee, a La Coruña, Spain-based provider of a software development platform specialized in the automation of code inspection and testing for performance, raised €5M in funding.
The round was led by Swanlaab Venture Factory with participation from current investors Caixa Capital Risc, Unirisco, Xesgalicia, Armilar, and KFund.
The company intends to use the funds to grow and nurture its customer base as well as continue building its platform for automated code testing specialized in performance.
Led by CEO Manuel Arenaz, Codee provides a solution for automated code testing that enables the detection of performance issues early in the software development life cycle, saving hours of developer time at the testing and coding stages. It achieves this using its core engine, a technology leap from the LLVM Intermediate Representation, to extract conceptual features from the source code and implement code checkers that automate the rules of the Open Catalog of Best Practices for Performance. Codee also provides innovative Coding Assistant capabilities to fix the performance issues of the source code.
The company’s 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. Codee is extending support for the C++ and Fortran programming languages, as well as for the Arm and RISC-V ecosystems.
FinSMEs
21/09/2023