What is Code Metal?
Code Metal, based in Boston, Massachusetts, operates as a provider of an edge workflow and operations management platform. The company's technology is designed to streamline and optimize complex operational processes at the edge, catering to enterprise-level needs. This focus positions Code Metal within a critical segment of the technology market, addressing the growing demand for efficient management of distributed computing resources and data operations.
How much funding has Code Metal raised?
Code Metal has raised a total of $197.4M across 6 funding rounds:
Multiple Rounds
$29.4M
Private Equity
$6.5M
Series A
$36.5M
Series B
$125M
Angel/Seed (2024): $3.5M with participation from J2 Ventures and Underdog Labs
Angel/Seed (2024): $13M, investors not publicly disclosed
Angel/Seed (2024): $13M supported by Shield Capital
Private Equity (2025): $6.5M, investors not publicly disclosed
Series A (2025): $36.5M backed by Shield Capital, Accel, Raytheon UK, and Robert Bosch Venture Capital
Series B (2026): $125M with participation from Salesforce, Shield Capital, Accel, B Capital Group, and Smith Point Capital
Key Investors in Code Metal
Shield Capital
Shield Capital is a team of veteran investors, founders and national security leaders who are helping founders build frontier solutions in cybersecurity, artificial intelligence, space & autonomy for commercial and government enterprises.
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs.
Salesforce
Salesforce, founded in 1999 and headquartered in San Francisco, is a global leader in customer relationship management (CRM) software. The company provides a comprehensive suite of cloud-based solutions including Sales Cloud for sales management, Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud for e-commerce, Community Cloud for digital communities, Internet of Things Cloud for connected device management, and Analytics Cloud for business intelligence.
What's next for Code Metal?
The substantial enterprise-level funding secured by Code Metal, including its recent strategic investment, signals a phase of accelerated growth and market expansion. This capital will likely be directed towards enhancing its edge workflow and operations management platform, expanding its engineering and sales teams, and solidifying its market presence. The company's trajectory suggests a focus on scaling its operations to meet the increasing demands of enterprise clients seeking robust edge computing solutions.
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