CodeScene lands €7.5M to transform software engineering intelligence
Malmö-based software company CodeScene has secured €7.5 million in funding led by investment firm Neqst, known for backing transformative tech companies, to transform software engineering intelligence.
The company will use the capital injection to develop the SEI technology further, broaden its customer reach and strengthen its position as a leader in the field.
Founded in 2015, CodeScene uses advanced algorithms and AI to provide personalised codebase insights. Unlike traditional code analysis tools, CodeScene tailors its analyses to each customer’s software organisation, helping them identify technical debt, optimise software architecture and enhance code quality. It has gained global recognition with users in over 75 countries.
“We are thrilled to have Neqst, Luminar Ventures and Inventure on board as investors,” CodeScene CEO Hamdija Jusufagic said.
He argued that those investors’ trust in CodeScene’s unique method for SEI improvement confirms the company’s capability to provide significant benefits to customers worldwide.
Jusufagic added that the investment would facilitate CodeScene’s growth and expansion in its key markets, including the US, Germany, the UK, the Netherlands and India.
It would also allow CodeScene to continue reshaping how software development teams optimize “their codebases and secure the delivery of high-quality software.”
Origin of CodeScene
CodeScene originated from the concepts presented in the book “Your Code As A Crime Scene: Use Forensic Techniques to Arrest Defects, Bottlenecks, and Bad Design in Your Programs” by Adam Tornhill. This book transformed the industry’s view of software systems and introduced a novel approach to software analysis.
Tornhill’s ideas, such as “hotspots,” gained widespread recognition through his conference presentations. CodeScene emerged as a practical implementation of these ideas, helping software organisations worldwide improve delivery efficiency.
CodeScene benefits from the expertise of an advisory board of industry leaders such as Aslam Khan, Daniel Terhorst-North, Peter Caron and Michael Feathers.
CodeScene caters to diverse stakeholders in software development organisations. It bridges the gap between technical and business aspects for management and product owners by visualising code for non-technical stakeholders. It allows management teams to understand development costs in the context of the system and delivery performance.
CodeScene also enables key personnel analyses to ensure adequate knowledge distribution in critical parts of the codebase. It helps evaluate organizational efficiency by measuring team boundaries and identifying coordination bottlenecks.
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