Code Climate software engineering intelligence platform raises $ 50 million
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Code Climate, a platform that powers software engineering project management with data, has raised $ 50 million in a Series C funding round.
Founded in 2011, Code Climate promotes itself as an “engineering intelligence platform”, which enables companies such as JLL, Pizza Hut and Instacart to ship better quality code faster by connecting to DevOps and project management tools such as GitHub and Jira to generate data-driven insights. This includes aligning business priorities with engineering activities and ensuring that resources are channeled to the areas that need them most, while making it easy to identify what works and replicate it across the board. the company.
By using Code Climate’s Velocity, businesses can maintain on-time feature delivery by identifying bottlenecks in advance; Track engineering progress with respect to Key Performance Indicators (KIP) and Key Objectives and Results (OKR); tap into industry-wide benchmarks to help set realistic goals; and keep spending control while allocating resources by priority.
Elsewhere, companies are using Quality Code Climate to gather automated code reviews on their pull requests, including a “10-point technical debt assessment” that serves as real-time feedback.
The Code Climate increase comes amid a wave of activity across space, with LinearB recently freezing $ 16 million in funding to bring contextual measures to managing software development projects and Jellyfish scoring 31, $ 5 million for a similar proposal.
It’s about bringing transparency to the software engineering mix, ensuring that managers and decision-makers operate on data rather than perceptions or instincts – it’s a trend that pretty much permeates all sectors, from sales to town planning.
Code Climate had previously raised around $ 15 million, and its latest cash injection of $ 50 million included investments from PSG, Union Square Ventures, Foundry Group, Lerer Hippeau Ventures and NextView Ventures.
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