Tech Company Financing Transactions
Codeium Funding Round
On 8/29/2024, Codeium secured $150 million in Series C funding from General Catalyst, Greenoaks Capital Partners and Kleiner Perkins.
Transaction Overview
Company Name
Announced On
8/29/2024
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development of new features and products, and contribute to headcount growth.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
257 Castro St.
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Undisclosed
Website
Email Address
Overview
Codeium has been developed by a team of researchers and engineers to build on the industry-wide momentum on foundational models. We realized that the combination of recent advances in generative models and our world-class optimized deep learning serving software could provide users with top quality AI-based products at the lowest possible costs (or ideally, free!).
Management Team
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Where The Data Comes From
We do our best to document tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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