Article

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.