Qodo Raises $40 Million Series A Led by Susa Ventures to Expand AI Code Testing and Generation

Sep 30, 2024, 01:05 PM

Qodo, a Tel Aviv-based startup specializing in artificial intelligence software for code testing and generation, has successfully raised $40 million in a Series A funding round. The funding was led by Susa Ventures and Square Peg Capital, with participation from Icon Ventures, TLV Partners, and Vine Ventures. Qodo, formerly known as CodiumAI, aims to enhance code integrity and quality for enterprise clients. The company has garnered support from over 1 million developers and plans to use the new funds to expand its business and service larger customers. Qodo's mission is driven by AI technology.