Codeium, a Mountain View-based company operating an AI-powered coding platform, is in talks to secure a fresh round of funding from lead investor Kleiner Perkins at a $2.85 billion valuation, according to reporting from TechCrunch.
Offering solutions for enterprises, teams and individuals, Codeium aims to help engineers build the future of software development. The company leverages deep learning to equip its customers with AI-based products such as Windsurf Editor, an integrated development environment equipped with its collaborative AI modality, Cascade.
The company’s upcoming capital injection follows its previously announced Series C last August. The $150 million round from lead investor General Catalyst came at a $1.25 billion valuation for the company. Codeium previously expressed its intention to continue scaling its organization while investing in product research and development as it aims to become the go-to coding assistant solution for developers and organizations.
