Coder Technologies Inc. has raised $90 million in Series C funding led by KKR. The startup aims to simplify software development by replacing local setups with cloud-based environments.
Its open-source tool enables teams to work in consistent, secure sandboxes. This reduces setup time and configuration errors common with local machines.
Coder also introduces Mux, an open-source platform for AI coding agents. It allows multiple agents to collaborate securely within isolated workspaces.
The company monetizes its tools through a paid version offering enhanced cybersecurity, AI access controls, and expense management.
Coder plans to expand globally and enhance AI and dev environment features with the new capital.