Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
Code Climate Raises $50M in Series C Funding
September 01, 2021
Code Climate raised $50M in Series C funding.
The round was led by PSG and joined by previous investors Union Square Ventures, Foundry Group, Lerer Hippeau Ventures, and NextView Ventures, bringing Code Climate’s total funding to $66M.
Founded in New York City in 2011, Code Climate’s Engineering Intelligence products are trusted by over 1,000 companies from start-ups to enterprises. Their flagship product, Velocity, empowers companies like Faire, Instacart, and Forbes to improve the efficiency of their engineering and product organizations at scale. By transforming data from DevOps and project management tools like Jira into valuable insights, Velocity reduces cycle time and enables teams to ship software faster.
“This investment will help us further our vision of helping engineering and business executives align engineering initiatives with business priorities, deliver high quality code quickly and consistently, and improve teams’ processes and skills to create a high performing culture.” said Bryan Helmkamp, CEO & Co-Founder of Code Climate.
The funding will help Code Climate advance its product vision, extend its sales reach, and scale customer success – furthering its mission of helping engineering align activities with strategic priorities, deliver high quality software, and improve team performance.
Industry News
November 26, 2024
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Red Hat announced the availability of Red Hat JBoss Enterprise Application Platform (JBoss EAP) 8 on Microsoft Azure.
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Kong closed a $175 million in up-round Series E financing, with a mix of primary and secondary transactions at a $2 billion valuation.
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Tricentis announced that GTCR, a private equity firm, has signed a definitive agreement to invest $1.33 billion in the company, valuing the enterprise at $4.5 billion and further fueling Tricentis for future growth and innovation.
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Check Point® Software Technologies Ltd. announced the new Check Point Quantum Firewall Software R82 (R82) and additional innovations for the Infinity Platform.
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Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
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Red Hat announced the general availability of Red Hat Enterprise Linux 9.5, the latest version of the enterprise Linux platform.
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Securiti announced a new solution - Security for AI Copilots in SaaS apps.
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Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.
