Tabnine a Tel Aviv, Israel -based startup creating an “AI-powered assistant” for software developers, has closed a $15.5 million funding.
The was round co-led by Qualcomm Ventures, OurCrowd, and Samsung NEXT Ventures with participation from existing backers Khosla Ventures and Headline Ventures.
The proceeds will be put toward improving the developer experience, adding new capabilities, and strengthening” Tabnine’s enterprise offering.
Company: Tabnine Inc.
Raised: $15.5M
Round:
Funding Month: June 2022
Lead Investors: Qualcomm Ventures, Samsung NEXT Ventures
Additional Investors: Khosla Ventures and Headline Ventures
Company Website: https://www.tabnine.com/
Software Category: AI-powered assistant
About the Company Founded as Codota in 2012, Tabnine employs AI to make sense of code, autocompleting functions or “chunks” of code with an idea of the purpose and content. Tapping algorithms trained to understand the semantic models of code, the platform attempts to learn individual best practices and warn of deviation from those practices. Tabnine has pioneered the market with the most widely used, developer-loved, developer-first coding assistant. With their unique compositional AI models at their foundation,
Source: https://techcrunch.com/2022/06/15/tabnine-raises-15-5m-for-ai-that-autocompletes-code/