AI Startup Codeium Raises $65 Million in Series B Funding, Valuation Reaches $500 Million
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California-based AI startup Codeium announced the completion of a $65 million Series B funding round, led by venture capital firm Kleiner Perkins, with participation from Greenoaks and General Catalyst. The funds will be used for team expansion and further development of AI toolkits. Codeium's AI toolkit has already enabled over 300,000 developers to contribute to more than 44% of new code submissions.
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