# Codenvy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/codenvy

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.codenvy.com
- Total disclosed funding: $9M
- Latest round: Series A (Feb 26, 2013)
- Investors on record: 3

## About

Codenvy, Inc. provides a cloud-based development environment that enhances collaboration and productivity for enterprise software teams, streamlining coding processes with integrated tools and secure access.Codenvy, Inc. specializes in developing cloud-based development environments, having been founded in 2013 in San Francisco, US. The company was involved in a significant acquisition when Red Hat, Inc. agreed to acquire Codenvy on May 25, 2017. The firm has raised a total of USD 9.00 mn in funding through 3 deals, with the latest funding round being Series A led by Toba Capital, also including Auriga Partners and XAnge.Codenvy’s primary product is Red Hat OpenShift Dev Spaces, a Kubernetes-based cloud development environment. It simplifies and secures the development experience for enterprise teams, enhancing productivity by integrating with IDEs like Microsoft Visual Studio Code and JetBrains IntelliJ IDEA. The platform caters to clients across North America, Europe, and Asia-Pacific, including organizations like Capgemini, to facilitate cloud application development.Codenvy operates on a subscription model, allowing clients to access the OpenShift Dev Spaces environment with a subscription for seamless integration into their workflows. This model supports B2B transactions, primarily catering to enterprise clients that need effective cloud development solutions, though specific pricing details for subscription plans are not disclosed.Codenvy aims to leverage recent funding from its Series A round to enhance its product offerings and expand into new geographical markets. The company is focusing on designing upcoming features for OpenShift Dev Spaces and plans to launch updates in the near future. The funding will also support efforts to penetrate markets in Asia and Europe, with an emphasis on streamlined development solutions for enterprise clients. The acquisition by Red Hat, Inc. is expected to bolster these initiatives, enhancing resources and market reach.

## Funding rounds

- Series A, Feb 26, 2013, $9M — Auriga Partners, XAnge, Toba Capital

## Investors

- Auriga Partners (https://capitalatlas.ai/funds/auriga-partners) — Series A
- XAnge (https://capitalatlas.ai/funds/xange) — Series A
- Toba Capital (https://capitalatlas.ai/funds/toba-capital) — Series A