Sweden-based CodeScene, a SaaS company that specializes in Software Engineering Intelligence (SEI), announced that it has secured €7.5M in a round of funding led by Neqst.
CodeScene CEO/co-investor Hamdija Jusufagic, Luminar Ventures, and Inventure, also participated in the round.
The Swedish company says the capital injection will enable it to enhance its technology further, expand its customer base, and solidify its position as a leader in the Software Engineering Intelligence space.
Founded by Adam Tornhill, CodeScene specializes in Software Engineering Intelligence (SEI) that uses advanced patented algorithms and AI to provide developers with actionable insights into their codebases.
Unlike regular code analysis tools, the company’s analyses are automatically adapted to each customer and the recommendations are personalized by how their software organization works.
It helps teams identify technical debt, optimize software architecture, and improve code quality.
This combination empowers organizations to improve collaboration, speed to market, and code quality while reducing business risk.
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