Kleiner Perkins-backed Codeium is unveiling a new code reasoning engine that increases retrieval recall by 200% over state-of-the-art embedding systems

Cortex supports large-scale reasoning for code generation, reviews, and knowledge transfer

Codeium is able to execute this more powerful approach 40x faster and 1000x cheaper than doing so with third-party APIs

Codeium, an AI-powered code acceleration toolkit, announced the launch of Cortex, an AI-powered reasoning engine that will give developers a more powerful engine to do more, not just another naive copilot. Cortex equips developers with the advanced tools needed to manage and solve complex coding problems more efficiently.

Reasoning is key to AI achieving human or superhuman-level intelligence. As the focus shifts from AI copilots to the next iteration of AI models, Cortex represents a significant leap forward. Instead of assisting with simple, isolated tasks like standard copilots, Cortex supports large-scale reasoning, making code generation, reviews, and knowledge transfer, and Codeium is able to execute this more powerful approach 40x faster and 1000x cheaper than doing so with third-party APIs.

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Cortex is enabled by a trio of advancements:

• Proprietary code LLMs: This mimics the familiar retrieval, planning, and execution workflow that developers use to approach tasks.
• Scalable context handling: Tested on over 100M tokens of code without quality loss, Cortex can reason over vast amounts of context.
• Lightning-fast processing: Distributed computing allows Cortex to run in seconds rather than hours, enabling real-time human-in-the-loop interactions.

These apply no matter the task, whether it’s writing code, refactoring code, reviewing code, explaining code, and so on, streamlining the process from hours to minutes, proving a fundamental breakthrough in reasoning for foundational models.

Customers familiar with Codeium will experience 2x the recall of relevant contextual information compared to Codeium’s past systems and 3x the recall of state-of-the art embedding + third party API systems.

“Individuals have not hit the limits of their potential. Cortex is a huge step forward in helping individual developers solve more complex problems faster, allowing them to approach challenges in a more powerful way,” said Varun Mohan, CEO of Codeium. “Our mission at Codeium has always been to push the boundaries of what’s possible in software development. With Cortex, we’re not just dreaming bigger, we’re delivering bigger.”

Since launching 18 months ago, Codeium has continued to build for its customers, with significant time savings and efficiency gains reported up to 25% percent. 44.6% of all newly committed code is generated and unedited from Codeium. Currently, Codeium serves 600,000 active users and over a thousand customers, such as Dell, Zillow, and Anduril.

The Cortex experience is available today and ready to use for all Enterprise SaaS customers, integrated into the backbone of Codeium’s existing products such as Autocomplete and Chat. In the near future, Cortex will be exposed in new products that will enable novel ways of building complex software with a human-in-the-loop.

Developers and organizations are invited to see firsthand its impact on AI-driven software development.

Rather than a theoretical improvement, Codeium has already demonstrated the value of this new reasoning engine in practice, integrating it into its widely used existing products as well as newly launched products such as Forge, an AI-powered code review assistant.

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Series B financing led by Kleiner Perkins underscores urgent need for a secure, personalizable AI-powered software developer productivity platform

Codeium announced it has raised a $65 million Series B round to help software developers supercharge their workflows with generative AI-powered capabilities. The financing was led by Kleiner Perkins with participation from repeat investor Greenoaks as well as General Catalyst.

Codeium is a generative AI-powered coding toolkit that leverages proprietary code-biased Large Language Models (LLMs) to reduce inefficiencies in software development and maximize developer productivity. Designed for optimal flexibility, Codeium supports over 70 languages and integrates with over 40 Integrated Developer Environments (IDEs), such as Visual Studio Code, the JetBrains suite, Eclipse, and Jupyter Notebooks.

“Software engineering is the backbone of innovation yet the process is expensive and inefficient due to imperfect knowledge retrieval, boilerplate tasks, maintenance overhead, and more,” said Varun Mohan, CEO, Codeium. “The fast rise of LLMs is now giving developers the opportunity to overcome these challenges and significantly increase their productivity. This is precisely why we developed Codeium: to let developers focus on creative, high-value tasks—not tedious maintenance work.”

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Through in-editor capabilities such as autocomplete, chat, and context awareness, Codeium writes over 44 percent of newly committed code for its 300k+ individual user base.

Additional features for enterprises include:

• Robust Security: SOC2 Type 2-compliant SaaS or self-hosted (in Virtual Private Cloud or on-premise datacenter) deployments; customer code is never saved, stored, or used for training the public system.
• Personalization: Leverage and integrate with existing Source Code Management (SCM) systems for full repository context awareness on results and optional local model finetuning.
• Leading Compliance: No training on private or non-permissively licensed code.
• Real Time Analytics Dashboards: Live metrics and insights on Codeium usage to justify ROI and increase adoption.

In the coming months, Codeium will significantly expand its platform to address tasks in every stage of the software development life cycle, beyond writing and running code. These include addressing system design, easing the burden of code maintenance (especially legacy code migrations), continuous scanning and fixing of complex issues such as security vulnerabilities. As a fully-vertical solution that integrates with all other tools agnostically, Codeium is well-positioned technologically to accelerate these tasks for all developers at all companies.

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Codeium plans to use the additional capital to grow its engineering and sales functions, as well as increase their investment in systems and solutions to support the large and varied needs of enterprise software development teams.

“Codeium has all the elements of a winning AI company: the visionary leadership, the breakthrough technology, and a growing customer roster of enterprise companies,” Leigh Marie Braswell, Partner, Kleiner Perkins. “Their AI technology is not just accelerating developer productivity; it’s reshaping the way software is written. We’re thrilled to be on this journey with Varun and his team as they continue to pave the way for the future of software development.”

“Code generation is among the hardest problems in AI software, with frequent usage and strict latency requirements that demand highly-performant infrastructure,” said Neil Mehta, Managing Partner at Greenoaks. “Codeium’s world-class team has built a differentiated product that’s already winning head to head against Microsoft and others. Over time, we believe that code autocomplete and chat are just the beginning of what Codeium can do, and we are thrilled to once again partner with Varun and his team on this journey.”

Leading companies such as Anduril, Clearwater Analytics, and a number of Fortune 500 companies leverage Codeium today to increase their internal developer productivity through a suite of AI-powered in-editor capabilities. Codeium is also working with established leaders such as Atlassian to enhance the developer experience.

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