AI Code Checker Qodo Raises $40 Million to Serve Bigger Clients

Qodo, a Tel Aviv-based startup selling artificial intelligence software that tests and finds bugs in code, has raised $40 million to expand the business and service larger customers.

The funding round, led by Susa Ventures and Square Peg, brings the total amount raised by the startup to $50 million, the company said in a statement. It declined to disclose its valuation.

Software engineers are increasingly turning to AI tools like OpenAI’s ChatGPT and Microsoft Corp.’s Copilot to generate code, which is then reviewed by the humans to filter out errors. Because these tools are trained on public repositories ...