Code Intelligence Automated Software Testing Platform Raises $12M in Series A Funding
Code Intelligence helps developers ship secure code by providing a platform to find and fix security vulnerabilities before they even reach a finished product. The startup was founded in 2018 by Sergei Dechand, Khaled Yakdan and Matthew Smith while researching computer security and privacy at the University of Bonn. The co-founders shared a passion for ethical hacking and started working together to automate the process.
Code Intelligence targets modern development teams in medium to large enterprises and current customers include Bosch, Continentaland Deutsche Telekom. The startup also works in close collaboration with Google and has made various contributions to the open-source community with its Java fuzzing engine, Jazzerwhich found over 500 vulnerabilities in over 30 projects.
“We want to live in a world where the devices, services and systems we rely on every day are truly secure,” said Sergei Dechand, CEO and co-founder of Code Intelligence. “We set out to become the #1 platform for application security testing. Our mission is to empower every developer with the tools to write more secure code, even without deep security expertise. We work closely with the open source community to spread the “test early and often” mindset and make security a welcome part of every developer’s day-to-day coding.”
“Most application security solutions are designed for the later stages of the development cycle. If caught, vulnerabilities are caught too late in the game, making them increasingly time-consuming, difficult, and expensive to fix. Code Intelligence helps developers deliver secure software by providing the necessary integrations to test their code on every pull request, without ever having to leave their preferred environment.It’s like having an automated security expert always by your side. ” said Thomas Dohmke, CEO of Github, the world’s largest source code management platform.
Code Intelligence uses various so-called dynamic analysis techniques, including AI and fuzz testing, which aim to mimic a hacker with insider knowledge of the application. This white-box testing approach generates millions of test cases that can trigger hard-to-find bugs and vulnerabilities deep in the code base.
“Code Intelligence is the most advanced automated fuzz testing solution for applications and APIs, and is incredibly easy for developers to use in their existing workflows. The potential for this technology to improve the way development teams create secure software is huge,” said Does Cogginsvice president at Tola Capital.
“The Code Intelligence Platform provides our developers with clear, actionable reports that allow them to quickly understand, reproduce and correct results without having to deal with false positives,” said Andreas Weichslgartner, developer at CARIADEthe software branch of the Volkswagen Group.
With the new capital, Code Intelligence will invest heavily in product development to create a unified workflow for setting up, debugging, and managing test pipelines directly from the codebase, command line, or any environment. integrated development (IDE). New features will be added to the platform this year, including advanced debugging and dashboards with deeper insights for all modules and services, and automated API discovery and cataloging. Developers can also expect to see support for more technology stacks and a self-service SaaS platform. The startup is actively recruiting senior software engineers, developer community and customer success roles in Europe.
To learn more about Code Intelligence and get started with a demo, visit www.code-intelligence.com
About Code Intelligence
Situated at Germany and founded in 2018 by Sergei DechandKhalid Yakdan and Matthew SmithCode Intelligence is the automated software security platform that helps developers deliver more secure code.
The startup raised $15.7 million (€14.5m) to date Capital Tola, HTGF, LBBW, WEST, Verve Ventures, Bonn digital hub as supported by Thomas Dohmke (CEO of Github), Sergej Epp (CSO of PaloAlto Networks) and Jörg Beyer (Former co-CEO and co-founder of LeanIX). Code Intelligence is approved by Google, Deutsche Telekom, Continental, Boschand CARIADE among others. For more information, visit www.code-intelligence.com
About Tola Capital
Founded in 2010 by former software operators, Tola Capital is a venture capital firm that believes in the power of software and data to transform businesses. We offer hands-on engagement for founders who see this future and build solutions with the potential for long-term transformational change. Tola Capital exclusively targets software vendors with essential products for enterprise customers, led by exceptional and diverse talent. Tola Capital invests globally and across stages to change the way the world will work. For more information, visit https://www.tolacapital.com.
SOURCE code intelligence
