Raising series A: here’s what is important

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Today marks an important rite of passage for the people building Codacy – we’ve raised a Series A round of financing! To do so, we’ve partnered with EQT Ventures, a fund created by some of the best entrepreneurs.  The fund has helped success of companies like Booking.com, King, Spotify and Huddle.

Our mission of bringing productivity through quality to millions of software developers has never been so relevant and important. The team @ EQT Ventures deeply understood this, so, the decision to work together was an obvious one.

After analyzing billions of lines of code for some of the best companies in most industries, this funding represents a new gear for us in helping ship better code. However, we don’t see this funding as an achieved objective but more of a catalyzer to continue serving you better.

One of our top priorities with this Series A funding is to continue strengthening our product, engineering, support and success teams. We like to think that we have an obsessive dedication to our product and how you use it. This is not only what sets us apart but is also the main driver so far of our success.
So please expect continuous product improvements and features in the next few months. We can’t wait to tell you what we have planned to help you make better engineering decisions.

Another important priority for us will be to continue building our sales and marketing teams. As time goes by it is vehemently clear how important we can be in helping engineering teams control and manage their code quality. Expanding our sales and marketing will allow us to reach more developers and teams. When João and I first envisioned creating Codacy, we set one defining rule which was: to help developers and as many as possible. Everything we do has to be aligned with that.

During this journey, I’ve been lucky enough to work alongside some of the hardest working and smartest people I’ve met. The people behind Codacy work non stop to bring you the best service they can. They work night and day to help and they do it very well: 13 people serve and support more than 40,000 developers. They are truly my raison d’etre and I’m proud of what my team has accomplished so far. Thank you for being excellent.

So here is our commitment to you: we will work hard to continue serving you and allow you to make great engineering decisions. We will focus on making a better product and a better experience for you and your team. We will be tireless and obsessive about your performance and you can count with us to bring as much quality as possible to your work. Because that’s why we exist.

Thank you for your support so far. We’re here for you.

PS: we’re hiring. Come join us in Lisbon and help millions of developers be more productive.


About Codacy

Codacy is used by thousands of developers to analyze billions of lines of code every day!

Getting started is easy – and free! Just use your  GitHub, Bitbucket or Google account to sign up.

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