Kosli Raises $3.1M in Seed Funding led by Heavybit
November 03, 2022

Kosli, a developer tools startup based in Oslo, Norway, has closed a $3.1m seed round led by Heavybit to solve dynamic change monitoring and continuous compliance.

Heavybit is joined in the round by Fortino Capital and Monochrome Capital, with pre-seed backer Skyfall Ventures as follow-on investors.

Kosli was founded in 2019 as a compliance automation platform for regulated software teams in sectors like finance. Alongside their seed funding announcement Kosli launches a free tier that offers a much broader set of use cases. Developers in all industries will now be able to use Kosli to understand how constantly evolving software systems are changing. And they will be able to do it using basic commands.

Heavybit Partner, Joe Ruscio, explained Heavybit's decision to invest, "since our first meeting with the Kosli team we strongly believed in a much bigger market opportunity that expands beyond regulated industries and serves a need for DevOps teams in every single vertical of the global economy."

Kosli founder and CEO, Mike Long, explains the double sided problem that his team have solved, "We set out to automate compliance for regulated teams, but we quickly realized our tool was also really helpful for developers trying to understand how and why their environments are really changing."

Kosli gives every stakeholder the power to record, connect, and search for changes across their entire value stream. It empowers developers, DevOps engineers, platform engineers, and CTOs in both daily and longer term strategic tasks.

With Kosli, developers have the power to pinpoint specific changes without having to spend hours searching in logs. And for teams in regulated sectors, Kosli provides an automated trail of compliance evidence. Crucially, Kosli is available from the command line as well as a web based GUI, an important feature for developers.

Share this

Industry News

May 20, 2024

Pegasystems introduced Pega GenAI™ Coach, a generative AI-powered mentor for Pega solutions that proactively advises users to help them achieve optimal outcomes.

May 20, 2024

SmartBear introduces SmartBear HaloAI, trusted AI-driven technology deploying across its entire product portfolio.

May 16, 2024

Pegasystems announced the general availability of Pega Infinity ’24.1™.

May 16, 2024

Mend.io and Sysdig unveiled a joint solution to help developers, DevOps, and security teams accelerate secure software delivery from development to deployment.

May 16, 2024

GitLab announced new innovations in GitLab 17 to streamline how organizations build, test, secure, and deploy software.

May 16, 2024

Kobiton announced the beta release of mobile test management, a new feature within its test automation platform.

May 15, 2024

Gearset announced its new CI/CD solution, Long Term Projects in Pipelines.

May 15, 2024

Rafay Systems has extended the capabilities of its enterprise PaaS for modern infrastructure to support graphics processing unit- (GPU-) based workloads.

May 15, 2024

NodeScript, a free, low-code developer environment for workflow automation and API integration, is released by UBIO.

May 14, 2024

IBM announced IBM Test Accelerator for Z, a solution designed to revolutionize testing on IBM Z, a tool that expedites the shift-left approach, fostering smooth collaboration between z/OS developers and testers.

May 14, 2024

StreamNative launched Ursa, a Kafka-compatible data streaming engine built on top of lakehouse storage.

May 14, 2024

GitKraken acquired code health innovator, CodeSee.

May 13, 2024

ServiceNow introduced a new no‑code development studio and new automation capabilities to accelerate and scale digital transformation across the enterprise.

May 13, 2024

Security Innovation has added new skills assessments to its Base Camp training platform for software security training.

May 13, 2024

CAST introduced CAST Highlight Extensions Marketplace — an integrated marketplace for the software intelligence product where users can effortlessly browse and download a diverse range of extensions and plugins.