CodiumAI Team (company pic)
DragonflyDB, an Israeli startup behind the Dragonfly in-memory datastore for cloud environments, held two new rounds of funding which totaled $21 million, including a seed round led by Redpoint and a series A led by Quiet Capital. Satish Dharmaraj of Redpoint Ventures and Astasia Myers of Quiet Capital have both joined the DragonflyDB Inc. board. Meanwhile, CodiumAI, an Israeli startup developing generative AI to help developers test their code, raised $11 million in Seed funding co-led by Vine Ventures and TLV Partners.
Founded in 2022, by Oded Poncz and Roman Gershman, former engineering colleagues at Google, DragonflyDB has dual headquarters in Tel Aviv and San Francisco with team members located around the world. The founders established the company after they both experienced the pain of scaling Redis firsthand throughout their engineering careers which inspired them to build. Dragonfly boasts that with an ability to scale vertically its service “dramatically reduces operational complexity for developers while allowing them to deliver a much snappier, higher-performance experience to their end users.”
The company said it has seen “massive developer traction,” with the Dragonfly project on GitHub amassing over 17,000 stars since May 2022.
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Oded Poncz, DragonflyDB’s co-founder and CEO, said of the latest release, “Developers are fed up with hand holding their infrastructure. We created Dragonfly to enable the software development community to power high scale, real-time applications and accelerate human innovation. The developer traction, the investment, and now Dragonfly 1.0 all mark important steps forward towards this vision. Dragonfly 1.0 is a robust, vertical scaling in-memory datastore packed with innovation that will simplify production and boost performance for many applications.”
Co-founded in 2022 by Friedman and Dedy Kredo (CPO), CodiumAI says that it is creating a new code integrity paradigm with the power of artificial and human intelligence. The company’s vision is to enable developers to build faster with zero bugs. CodiumAI’s first tool is an IDE extension that interacts with the developer to generate meaningful tests and code explanations for busy devs.
CodiumAI, we’re creating a new code integrity paradigm with the power of artificial and human intelligence. Our vision is to enable developers to build faster with zero bugs.
CodiumAI’s first tool is an IDE extension that interacts with the developer to generate meaningful tests and code explanations for busy devs.
