Code Metal Raises $125 Million to Rewrite the Defense Industry's Code With AI
The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.
WIRED covered Code Metal's $125 million Series B, led by Salesforce Ventures with Accel, B Capital, Smith Point Capital, J2 Ventures, Shield Capital, Overmatch and RTX taking part. The round came months after the Accel-led Series A and funds engineering, product and go-to-market growth as customers across defense, automotive and semiconductors adopt verifiable, AI-enabled code translation.
From the piece: Code Metal, a Boston-based startup that uses AI to write code and translate it into other programming languages, just closed a $125 million Series B funding round from new and existing investors. The news comes just a few months after the startup raised $36 million in series A financing led by Accel.