How Much Did CodeRed Raise?
Funding & Key Investors

CodeRed has secured $35K in total funding, with its most recent financing round bringing in $35K. This substantial expansion capital injection signifies a significant growth phase for the company, likely at a Series B/C stage, underscoring investor confidence in its market position and future trajectory. The company's financial milestones reflect a strategic approach to scaling its operations and enhancing its service offerings in the competitive web development and hosting sector.

What is CodeRed?

CodeRed
Business ServicesSoftware Testing

CodeRed is a specialized provider of Wagtail web development and hosting services, catering to a diverse clientele including marketing agencies, IT departments, and small businesses. Operating from Cleveland, Ohio, the company offers robust cloud services encompassing custom coding, comprehensive web assessments, and essential business email solutions. As a recognized vendor within the Python, Django, and Wagtail ecosystems, CodeRed leverages its expertise in modern open-source web technologies to deliver innovative solutions. Their core mission is to equip forward-thinking businesses with the tools necessary to elevate their online presence and operational efficiency through cutting-edge, open-source platforms.

How much funding has CodeRed raised?

CodeRed has raised a total of $35K across 1 funding round:

2021

Debt

$35K

Debt (2021): $35K with participation from PPP

Key Investors in CodeRed

PPP

Public-Private Partnership

What's next for CodeRed?

With the recent influx of substantial expansion capital, CodeRed is poised for accelerated growth and strategic development. This funding is expected to fuel initiatives aimed at enhancing their Wagtail development and hosting capabilities, potentially expanding their service portfolio, and increasing market reach. The company's focus on the Python, Django, and Wagtail ecosystems positions them well to capitalize on the growing demand for flexible and powerful open-source web solutions. Future investments will likely target technological advancements, talent acquisition, and strengthening their cloud infrastructure to support a growing customer base and maintain their competitive edge in the digital solutions market.

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Frequently Asked Questions Regarding CodeRed Financial Insights

What are the most recent funding rounds that CodeRed has completed, and what were the funding rounds?
CodeRed has recently completed 1 funding rounds: Debt on Feb 14, 2021.
What is the total amount of funding CodeRed has raised to date?
CodeRed has raised a total of $35K in funding to date.
How many funding rounds has CodeRed completed?
CodeRed has completed 1 funding rounds.
How much funding did CodeRed raise in its most recent funding round?
CodeRed raised $35K in its most recent funding round.
Who are the lead investors in CodeRed's latest funding round?
The lead investor in CodeRed's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CodeRed's history?
The largest funding round in CodeRed's history was $35K.
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