What is Code Ocean?
Code Ocean operates as a comprehensive platform designed to streamline the lifecycle of computational research. By enabling teams to standardize their workflows, the company ensures that every computation is tracked, organized, and fully reproducible. This capability is essential for enterprise-level research teams that must maintain rigorous standards for data integrity and collaborative output. The platform effectively bridges the gap between raw data analysis and actionable discovery, serving as a foundational tool for organizations that prioritize scientific rigor and operational excellence in their research and development divisions.
How much funding has Code Ocean raised?
Code Ocean has raised a total of $31.5M across 2 funding rounds:
Series A
$15M
Series B
$16.5M
Series A (2021): $15M with participation from Battery Ventures, EBSCO Industries, Digitalis Ventures, and Vaal Partners
Series B (2022): $16.5M led by Battery Ventures, Microsoft’s Venture Fund, and M12
Key Investors in Code Ocean
Battery Ventures
A global investment firm established in 1983 that partners with founders to build category-defining businesses across software, enterprise infrastructure, and industrial technology sectors.
M12
Microsoft's venture fund, which focuses on Series A through C investments in enterprise software, applied AI, and infrastructure, providing portfolio companies with unique access to global strategic resources.
Digitalis Ventures
A multidisciplinary investment firm that leverages deep technical and domain expertise to scale enterprises focused on biotechnology and technology-enabled solutions for human and animal health.
What's next for Code Ocean?
With the support of its latest strategic investment, Code Ocean is poised to expand its footprint within the enterprise software ecosystem. The company is expected to focus on deepening its integration capabilities, allowing for seamless interoperability with existing research and data management stacks. Furthermore, the strategic backing from industry-leading venture firms suggests a roadmap centered on scaling its go-to-market strategy and enhancing its applied technology suite. As the demand for reproducible research continues to rise, Code Ocean is well-positioned to capture significant market share by addressing the persistent challenges of data silos and workflow fragmentation in the global research community.
See full Code Ocean company page
