Code Climate is the platform that powers software engineering project management with the help of data. Recent reports suggest that it has been able to raise $50M in a series C round of funding. Code Climate was established in 2011 and regards itself as the intelligence platform for engineering. code climate 50m series usvsawersventurebeat.
It is responsible for making companies like JLL, Pizza Hut, Instacart, etc., code faster. Code Climate is the same platform that many reputed companies use by plugging into DevOps and project management tools. The project management tools are GitHub and Jira to generate data-based insights. code 50m series usvsawersventurebeat.
It also comprises aligning business priorities with the help of engineering activities. Code Climate ensures resources are channeled to the areas that require them the most and makes it simpler to recognize what’s functioning. It also plays a crucial role in replicating these actions for the company. code climate psg usvsawersventurebeat.
Code Climate has a platform named Velocity. It can keep feature delivery on schedule by recognizing any bottlenecks or hindrances in advance. Quite impressively, Code Climate can also track engineering progress. It relates to the KPIs and aims of the key results. Code Climate can tap into industrywide benchmarks. 50m ventures 1bsawersventurebeat.
The raising of funds for Code Climate come amid a flurry of activity across the space. The funding is aimed at infusing transparency into the software engineering mix. It ensures managers and decision-makers are operating based on the data-driven insights. It is a trend that’s running rapidly in every industry domain.
Previously, Code Climate has raised $15 million from different organizations. The latest $50 million cash injection includes investments from reputed companies like Union Square Ventures, PSG, etc. With all these investments, Code Climate aims to ensure complete transparency in the services it offers. It aims to optimize these services properly.