Code Intelligence raises $12M in Series-A Funding

Code Intelligence, a Bonn, Germany-based provider of a security testing platform, raised $12M in Series A funding.

The round was led by Tola Capital with participation from LBBW, Occident, Verve Ventures, HTGF and Thomas Dohmke, CEO of Github.

The company plans to use the funds for product development. It will create a unified workflow that allows you to setup, debug, and manage your testing pipelines from any codebase, command line, or integrated development environment (IDE). Additionally, it will hire top software engineers.European developer community and customer service roles

Founded in 2018 by Sergej Dechand, Khaled Yakdan and Matthew Smith while researching IT security and privacy at the University of Bonn, Code Intelligence helps developers ship secure code by providing a platform to find and fix security vulnerabilities before they ever reach a finished product. It uses various dynamic analysis techniques such as AI and fuzz testing to simulate a hacker who has inside knowledge of the application. This white-box testing method generates millions upon millions of test cases, which can trigger bugs or find hidden vulnerabilities deep in the codebase. Code Intelligence targets modern development teams at mid-to-large sized companies and current customers include Bosch, Continental, and Deutsche Telekom. The startup also works closely with Google and has made various contributions to the open-source community with its Java fuzzing engine, Jazzer, which has found over 500 vulnerabilities in more than 30 projects.

The platform will get new features this year. These include advanced debugging, dashboards that provide deeper insight for all modules and services, as well as automated API discovery/cataloging. Developers will also be able to access more technology stacks as well as a self-service SaaS platform.

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