Coder Raises $35M to Accelerate the Cloud Development Environment Market with Extended Open Source, Enhanced CDE Capabilities, and Expanded Global Reach

Coder, a company focused on enhancing developer productivity, has raised $35 million in fresh capital as part of its Series B funding round. This brings their total Series B funding to $65 million. The funds will be used to further develop cloud development environments (CDEs) and expand operations in Europe. Coder aims to make developers 10x more productive by leveraging the power, security, and scalability of the cloud. They plan to invest in new developer insights capabilities, ephemeral workspaces, and expanding their European presence.