Progress announced the launch of Progress Data Cloud, a managed Data Platform as a Service designed to simplify enterprise data and artificial intelligence (AI) operations in the cloud.
Code Metal announced a $13M seed, led by Shield Capital, and a prior $3.45M pre-seed round, led by J2 Ventures, with support from Fulcrum Venture Group, Underdog Labs, and others.
Code Metal will use this funding to continue building modular and verifiable agentic workflows that transform product development timelines from months to days. It also plans to expand its team of experts in hardware, AI, and traditional compiler design to serve its rapidly growing pipeline of customers.
Code Metal's experts from top companies like Microsoft, Imbue, Meta, IBM, and Intel are building a developer platform that integrates traditional formal-methods-based code analysis with advanced custom coding large language models.
“We are on the cusp of a massive transformation in software development, and edge computing stands to benefit the most from this change,” said Peter Morales, CEO of Code Metal. “This funding is a testament to the continued growth in edge computing and the challenges companies face as they rethink their software development strategy. With our investors’ support, world-class talent, and customer validation, we are confident that we are on the trajectory to usher in an entirely new wave of edge-powered devices, from robotics to medical devices.”
“Code Metal has been transformational in designing, building, and delivering intelligence into our logistics network,” said Chris Hartnoll, CEO of HICO Investment Group, which incubates technologies and businesses in the space. “It’s revolutionized how we think about the supply chain.”
“Code Metal is accelerating development at the edge faster than any of its peers at a time where edge deployments are scaling rapidly,” said Michael Brown, Partner at Shield Capital. “Driven by the founders that brought AI systems to the edge in Amazon Alexa, F-35 fighter jets, and Microsoft HoloLens, Code Metal has both the expertise and customer buy-in to tackle this massive market.”
Industry News
Sonar announced the release of its latest Long-Term Active (LTA) version, SonarQube Server 2025 Release 1 (2025.1).
Idera announced the launch of Sembi, a multi-brand entity created to unify its premier software quality and security solutions under a single umbrella.
Postman announced the Postman AI Agent Builder, a suite empowering developers to quickly design, test, and deploy intelligent agents by combining LLMs, APIs, and workflows into a unified solution.
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, announced the graduation of CubeFS.
BrowserStack and Bitrise announced a strategic partnership to revolutionize mobile app quality assurance.
Mendix, a Siemens business, announced the general availability of Mendix 10.18.
Red Hat announced the general availability of Red Hat OpenShift Virtualization Engine, a new edition of Red Hat OpenShift that provides a dedicated way for organizations to access the proven virtualization functionality already available within Red Hat OpenShift.
Contrast Security announced the release of Application Vulnerability Monitoring (AVM), a new capability of Application Detection and Response (ADR).
Red Hat announced the general availability of Red Hat Connectivity Link, a hybrid multicloud application connectivity solution that provides a modern approach to connecting disparate applications and infrastructure.
Appfire announced 7pace Timetracker for Jira is live in the Atlassian Marketplace.
SmartBear announced the availability of SmartBear API Hub featuring HaloAI, an advanced AI-driven capability being introduced across SmartBear's product portfolio, and SmartBear Insight Hub.
Azul announced that the integrated risk management practices for its OpenJDK solutions fully support the stability, resilience and integrity requirements in meeting the European Union’s Digital Operational Resilience Act (DORA) provisions.
OpsVerse announced a significantly enhanced DevOps copilot, Aiden 2.0.