Code Metal Raises $125 Million to Rewrite the Defense Industry's Code With AI
Code Metal Raises $125 Million to Rewrite the Defense Industry's Code With AI
Code Metal, a Boston-based startup, has raised $125 million in a Series B funding round. The company uses AI to translate and verify legacy software for defense contractors. This modernization effort aims to reduce the risk of introducing new bugs into the system.
The funding round was led by Vibe Capital, with participation from other investors. Code Metal plans to use the funds to expand its team and further develop its AI-powered software translation technology.
The defense industry has been slow to adopt new technologies, and Code Metal's solution aims to bridge this gap. By using AI to translate and verify legacy software, the company hopes to make it easier for defense contractors to modernize their systems without introducing new risks.
The Problem with Legacy Software
Legacy software is a major issue in the defense industry. These systems are often outdated and difficult to maintain, making it challenging for defense contractors to keep them up-to-date with the latest security patches and features. This can leave the systems vulnerable to cyber attacks and other security risks.
Code Metal's AI-powered software translation technology aims to address this issue by making it easier for defense contractors to modernize their systems. The company's solution uses machine learning algorithms to translate and verify legacy software, reducing the risk of introducing new bugs into the system.
The Future of Code Metal
With the $125 million funding round, Code Metal plans to expand its team and further develop its AI-powered software translation technology. The company hopes to become a leading provider of software translation services for the defense industry.
Code Metal's solution has the potential to revolutionize the defense industry by making it easier for defense contractors to modernize their systems. By using AI to translate and verify legacy software, the company hopes to reduce the risk of introducing new bugs into the system and make it easier for defense contractors to keep their systems up-to-date with the latest security patches and features.
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[10] Code Metal Raises $125 Million to Rewrite the Defense Industry's Code With AI