Coder Secures $90M Series C Led by KKR to Advance Secure Enterprise AI Development - Blog
Blog post from Coder
Coder, a leader in AI development infrastructure, has secured a $90 million Series C funding round led by KKR, with participation from Qube Research & Technologies, Uncork Capital, and other investors, to advance its secure enterprise AI development platform. Founded in 2017, Coder offers a centralized cloud-based environment that standardizes and secures software development processes, allowing enterprises to efficiently integrate AI tools while maintaining governance and control. The investment will enhance Coder's platform innovation, focusing on enterprise AI workflows and expanding its presence in Europe, Asia, and North America. Coder's platform automates the provisioning of AI tools, eliminating the need for complex installations and enabling enterprises to scale AI integration securely. With significant growth in adoption, Coder reports a 300% year-over-year bookings growth and plans to further integrate AI tools across various enterprise functions.
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