Code Metal Secures $125 Million Series B Funding to Enhance AI Code Translation for Defense Sector
Boston-based Code Metal has raised $125 million in a Series B funding round led by Salesforce Ventures, increasing its valuation to $1.25 billion. The startup focuses on code translation and verification for the defense industry, with customers including the US Air Force and RTX. Founded in 2023, Code Metal's platform translates legacy code into modern programming languages while ensuring correctness through proprietary testing methods. The new funding will help expand engineering capacity and commercial partnerships.
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Code Metal, based in Boston, has closed a $125 million Series B funding round led by Salesforce Ventures, raising its valuation to $1.25 billion. The startup, founded in 2023, specializes in translating and verifying code for the defense industry, serving clients such as the US Air Force, L3Harris, and RTX.
It focuses on migrating legacy code to modern programming languages while ensuring output correctness through its proprietary testing technology. The funding will enhance engineering capacity, accelerate product development, and expand partnerships. Code Metal has reported profitability and positive cash flow.
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