Codezero Raises $3.5M in Seed Funding
March 12, 2024

Codezero announced a $3.5 million seed-funding round led by Ballistic Ventures, the venture capital firm dedicated exclusively to funding entrepreneurs and innovations in cybersecurity.

This investment marks a significant leap forward in Codezero's mission to reimagine multi-cloud, collaborative microservices development. Ballistic Ventures' investment adds to the support from its existing list of angel investors and advisors, including Thomas Dohmke (GitHub CEO), Nick Caldwell (Microsoft, HubSpot, and Peloton), Marty Weiner (Pinterest and Reddit), and James Routh (AMEX, CVS, KPMG, and JPMorgan Chase).

"Multi-cloud, microservices-based architectures have become essential for digital business transformation. However, developing microservices across disparate cloud environments can force tradeoffs between developer productivity and security. Codezero eliminates these tradeoffs," said Reed Clayton, Co-founder and CEO of Codezero. "Our mission is to empower DevOps teams with collaborative, multi-cloud infrastructure that prioritizes both security and developer productivity. As a cybersecurity-focused VC firm, Ballistic shares in this mission, and we're thrilled to be a part of their portfolio."

Codezero Teamspaces is an identity-aware overlay network. This means developers can instantly create environments consisting of services spanning local, cloud, and even their colleagues' computers. They can do this without needing to know anything about the underlying infrastructure, networking, or direct access to credentials. Unlike other approaches, Teamspaces provides a locally accessible ephemeral environment that is identical to production. As a result, developers are vastly more productive and can deliver higher-quality code faster. Teamspaces can span multiple cloud vendors and be accessible to developers across the globe safely and seamlessly.

"Our investment in Codezero fits squarely into two of our investment themes. The Codezero solution solves what is arguably the largest outstanding issue in the 'Shift-Left' security theme. It also brings a scalable and manageable 'Zero Trust' approach to the provisioning of developer access," said Roger Thornton, General Partner of Ballistic Ventures, who joins the Codezero Board of Directors as part of the firm's investment. "With their impressive team and technology, we're excited to have Codezero join the portfolio."

With the new capital, Codezero is set to grow its sales and marketing teams and expand its partner network. This move is strategic for the company's reach into enterprise DevOps and DevSecOps organizations, cloud-service providers, and cloud-migration specialists.

Share this

Industry News

April 25, 2024

JFrog announced a new machine learning (ML) lifecycle integration between JFrog Artifactory and MLflow, an open source software platform originally developed by Databricks.

April 25, 2024

Copado announced the general availability of Test Copilot, the AI-powered test creation assistant.

April 25, 2024

SmartBear has added no-code test automation powered by GenAI to its Zephyr Scale, the solution that delivers scalable, performant test management inside Jira.

April 24, 2024

Opsera announced that two new patents have been issued for its Unified DevOps Platform, now totaling nine patents issued for the cloud-native DevOps Platform.

April 23, 2024

mabl announced the addition of mobile application testing to its platform.

April 23, 2024

Spectro Cloud announced the achievement of a new Amazon Web Services (AWS) Competency designation.

April 22, 2024

GitLab announced the general availability of GitLab Duo Chat.

April 18, 2024

SmartBear announced a new version of its API design and documentation tool, SwaggerHub, integrating Stoplight’s API open source tools.

April 18, 2024

Red Hat announced updates to Red Hat Trusted Software Supply Chain.

April 18, 2024

Tricentis announced the latest update to the company’s AI offerings with the launch of Tricentis Copilot, a suite of solutions leveraging generative AI to enhance productivity throughout the entire testing lifecycle.

April 17, 2024

CIQ launched fully supported, upstream stable kernels for Rocky Linux via the CIQ Enterprise Linux Platform, providing enhanced performance, hardware compatibility and security.

April 17, 2024

Redgate launched an enterprise version of its database monitoring tool, providing a range of new features to address the challenges of scale and complexity faced by larger organizations.

April 17, 2024

Snyk announced the expansion of its current partnership with Google Cloud to advance secure code generated by Google Cloud’s generative-AI-powered collaborator service, Gemini Code Assist.

April 16, 2024

Kong announced the commercial availability of Kong Konnect Dedicated Cloud Gateways on Amazon Web Services (AWS).

April 16, 2024

Pegasystems announced the general availability of Pega Infinity ’24.1™.