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Codeium Is Valued at $500 Million in Kleiner-Led Financing
- Kleiner Perkins led $65 million investment in startup
- Codeium uses AI to improve software developer productivity
The Codeium website
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Codeium, a startup that combines artificial intelligence and coding, has raised $65 million in another sign of investor enthusiasm for generative AI.
The Series B investment, which was led by Kleiner Perkins, values Codeium at $500 million, according to a statement confirming an earlier report by Bloomberg News. Existing investor Greenoaks and new backer General Catalyst also participated in the funding.