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INDUSTRY FIRST

Spain's Codee Raises €5M To Expand Automated Code Performance Testing Platform

Sep 20, 2023•almost 2 years ago

Amount Raised

€5 Million

CambreAngel InvestmentFinancial Services

Investors

KfundArmilarXesgaliciaUniriscoCaixa Capital RiscSwanlaab Venture Factory

Description

Spanish software development platform Codee has raised a €5 million funding round. The round was led by Swanlaab Venture Factory and includes participation from existing investors Caixa Capital Risc, Unirisco, Xesgalicia, Armilar, and Kfund. The funding will allow Codee to expand its customer base and additionally fuel the continuous build of its platform for testing automated code performance

Company Information

Company

Codee

Location

Cambre, Spain

About

Codee is a deep tech company headquartered and founded in Spain. We are an innovative company whose mission is to accelerate the digitalized world empowering business to develop faster software. Codee platform includes the first solution designed specifically to boost the performance of C/C++ and Fortran code. Codee purely focuses on increasing the efficiency of your software development life cycle. The main benefits of Codee are: - COSTS:Extends hardware lifespans and reduces development costs - TIME: Decreases development hours shortening the software time-to-market - EXPERTISE: Reduces dependability on expert developers - ENERGY: Facilitates development of greener applications At Codee we are looking for innovative companies that are used to adopting new software development solutions to stay ahead of the competition in their markets. We already have reference corporate and institutional clients in consumer electronics and in the high-performance computing industries in the USA, China, Israel, Australia, Saudi Arabia, and Europe. Codee is currently also a partner in three European H2020 projects, MAESTRO, EPEEC and OPTIMA.