We’ve raised $12M to continue helping you create better software

Codota has announced a $12 million financing round with contributions from investors like e.ventures, Khosla Ventures, TPY Capital, and Hetz Ventures, aimed at enhancing software development through Artificial Intelligence. This investment will support improvements in Codota and Tabnine's AI models, combining semantic and textual approaches, and enhancing performance and user experience. The company plans to develop team-specific models that align with coding best practices, maintain a strong focus on privacy and security, and offer both free and paid plans to accommodate different user needs. Codota also aims to expand their AI's integration into more aspects of the software development cycle, encouraging the creation of community plugins for additional editors.