Code Metal Raises $125 Million to Rewrite the Defense Industry’s Code With AI

The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.

AI code translation startup Code Metal reels in $125M at $1.25B valuation

The company disclosed in its Thursday funding announcement that it’s now valued at $1.25 billion. That’s up from $250 million in November. Salesforce Ventures led the raise with participation from ...
SiliconANGLE

Generative infrastructure-from-code startup AppCD rebrands as StackGen after raising $12.3M

Generative infrastructure-from-code startup AppCD Inc. said today it’s rebranding itself as StackGen after closing on a $12.3 million seed funding round. The funding, which was led by Thomvest ...
CRN

Cisco Scoops Up Internet Monitoring Startup Code BGP

In its seventh announced acquisition of 2023, Cisco’s company’s network intelligence arm revealed it has acquired Code BGP, a privately held Border Gateway Protocol (BGP) monitoring company. Cisco ...