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§ Private Profile · Austin, TX, USA
Cloud development platform provider enabling secure, browser-based cloud workspaces for software development teams, focused on remote development.
Coder provides a self-hosted cloud development platform that enables enterprise software engineering teams to build and collaborate within secure, browser-based remote workspaces. Operating on an open-core business model, the company offers free open-source developer tools alongside a paid enterprise version that delivers advanced cybersecurity controls and supports artificial intelligence coding agents through its Mux tool. The platform currently serves a growing global community of over 100,000 users and experienced a threefold increase in bookings during the year leading up to its latest financing round. Coder secured a $35 million Series B extension in June 2024 led by Georgian, followed by a $90 million Series C funding round in April 2026 led by KKR, with additional venture capital backing from Uncork. The software organization was founded in 2017 by Kyle Carberry, Ammar Bandukwala, and John Andrew Entwistle.
Coder has raised $83.0M across 4 funding rounds.
Coder has raised $83.0M in total across 4 funding rounds.
Coder has raised $83.0M across 4 funding rounds. Most recently, it raised $35.0M Series B in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2024 | $35M Series B | Georgian Partners | Lightspeed Venture Partners, Notable Capital, Redpoint Ventures, Amjad Masad, Barr Moses, Gokul Rajaram | Announced |
| Apr 1, 2020 | $32M Series B | GGV Capital | Lightspeed Venture Partners, Notable Capital, Redpoint Ventures, Amjad Masad, Barr Moses, Gokul Rajaram | Announced |
| May 1, 2019 | $11M Series A | — | Lightspeed Venture Partners, Notable Capital, Redpoint Ventures, Amjad Masad, Barr Moses, Gokul Rajaram | Announced |
| Nov 1, 2018 | $5M Seed | Uncork Capital | — | Announced |
Coder has raised $83.0M in total across 4 funding rounds.
Coder's investors include Georgian Partners, Lightspeed Venture Partners, Notable Capital, Redpoint Ventures, Amjad Masad, Barr Moses, Gokul Rajaram, GGV Capital, Uncork Capital.
Coder Technologies, Inc. is an Austin, Texas-based software company founded in 2017 that builds a self-hosted cloud development environment (CDE) platform.[1][2][3][5] It enables developers and organizations to provision secure, consistent, and scalable remote development workspaces on their own cloud or on-premises infrastructure, moving development off local machines to boost productivity, security, and control.[2][3][7] Coder serves enterprise customers including Global 2000 companies, big banks, investment firms, insurance providers, streaming giants, government agencies like In-Q-Tel, and defense organizations, solving problems like environment management friction, hardware limitations, data sovereignty, and compliance in remote/AI-assisted development.[3][7] The platform supports over 50 million open-source downloads, integrates AI coding agents with human developers, and powers faster builds while reducing cloud costs, with recent growth including tools like Blink for AI agents launched in October 2025.[5][7]
Coder was founded in August 2017 in Austin, Texas, by Ammar Bandukwala (CEO), Kyle Carberry (CTO), and John Andrew Entwistle, who met online in high school collaborating on Minecraft projects.[3][5] Driven by frustrations with remote software development complexities, they started with an open-source tool called code-server for quick cloud workspaces, evolving it into a full enterprise platform.[2][3] Early traction came from securing In-Q-Tel as its first enterprise customer in December 2019, alongside major corporations, establishing Coder as remote-first with a global team across the US, Australia, Brazil, Finland, Poland, and Ireland, now with 501-1000 employees.[1][3][4]
Coder rides the shift to cloud-native, remote, and AI-augmented development, addressing outdated local workflows amid rising AI coding tools like Cursor (valued at $2.3B in Nov 2025 financing).[2][5][7] Timing aligns with enterprise demands for governed, ephemeral environments in the "age of AI," where security/compliance trumps vendor-hosted risks, especially for regulated sectors.[3][5][7] Market forces like developer shortages, cloud cost pressures, and AI adoption favor Coder's self-hosted model, enabling innovation without vendor lock-in or data leaks.[3][7] It influences the ecosystem by standardizing CDEs, powering AI front-runners and innovators, and bridging open-source tools to enterprise scale.[2][3]
Coder is positioned for expansion in AI-driven dev tools, with momentum from 50M+ downloads, enterprise wins, and 2025 launches like Blink signaling deeper agentic AI focus.[5][7] Upcoming trends like autonomous coding and hybrid AI-human workflows will amplify demand for its secure, scalable CDEs, potentially driving more acquisitions or IPO paths amid hot coding automation investments.[1][5] Its influence may grow by setting standards for compliant AI dev environments, empowering teams to build faster while enterprises retain control—echoing its origin as the tools founders wished they had.