Codeium

Codeium

Optimizes deep learning inference workloads

About Codeium

Simplify's Rating
Why Codeium is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

1-10

Company Stage

Series C

Total Funding

$243M

Headquarters

San Jose, California

Founded

2021

Overview

Codeium focuses on enhancing the performance of deep learning applications by optimizing how they run on computing resources. The company's main service involves improving the efficiency of deep learning inference workloads, which helps businesses use their hardware more effectively and save on costs. Codeium achieves this by moving GPU code to remote resources that are more cost-effective, while keeping essential logic on cheaper CPU instances. This allows clients to concentrate on building their deep learning applications without worrying about managing complex computing clusters or adjusting performance settings. Unlike many competitors, Codeium's approach simplifies the process for businesses in the AI sector, making it easier for them to maximize their infrastructure's performance and reduce expenses. The goal of Codeium is to provide solutions that enhance computational efficiency and cost-effectiveness for companies working with deep learning.

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Simplify's Take

What believers are saying

  • AI model compression techniques complement Exafunction's services, reducing GPU computational load.
  • Federated learning benefits from Exafunction's remote resource optimization for distributed inference tasks.
  • The rise of spot instances aligns with Exafunction's strategy for cost-effective GPU workload relocation.

What critics are saying

  • Emerging startups offering similar solutions could erode Exafunction's market share.
  • Rapid AI model evolution may outpace Exafunction's current optimization capabilities.
  • Dependency on cloud providers for GPU resources poses risks if pricing or availability changes.

What makes Codeium unique

  • Exafunction optimizes deep learning inference, enhancing GPU utilization and reducing costs.
  • The company relocates GPU code to remote resources, improving computational efficiency.
  • Exafunction's team includes leaders from top deep learning companies, ensuring cutting-edge solutions.

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Funding

Total Funding

$243M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$150M
Codeium

Benefits

Professional Development Budget

Company News

Business Wire
Mar 17th, 2025
Codeium Extensions Achieve FedRAMP High Certification, Bringing AI-Powered Coding to Federal Agencies

Codeium partnered with Palantir's FedStart program - a SaaS offering that helps accelerate the federal go-to-market process by enabling companies to run their products within Palantir's secure and accredited environment - to expedite their FedRAMP authorization.

VentureBeat
Feb 25th, 2025
Google Makes Gemini Code Assist Free With 180,000 Code Completions Per Month As Ai-Powered Dev Race Heats Up

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Google DeepMind has released a free version of its AI-powered coding assistant, Gemini Code Assist, expanding access to advanced coding tools for developers worldwide. This launch follows the October 2024 debut of Gemini Code Assist Enterprise ($45 per month per user or $19 per month with an annual subscription) and arrives just a day after Anthropic introduced Claude Code, highlighting the growing competition among AI-powered developer tools.Gemini Code Assist is powered by the Gemini 2.0 model, fine-tuned to handle real-world coding scenarios and supporting all programming languages in the public domain. Users can generate up to 180,000 code completions per month — significantly more than other free coding assistants, including popular tool Cursor AI which offers only 2,000 code completions per month on its free tier — while leveraging a 128,000-token context window for working with larger codebases. The assistant integrates with Visual Studio Code, JetBrains IDEs, Firebase, Android Studio and GitHub.In GitHub, Gemini Code Assist reviews code in both public and private repositories, detecting bugs, suggesting stylistic improvements and summarizing pull requests.In the official company blog post from Google, Ryan J

Bnext
Feb 24th, 2025
Codeium valued at $2.85B in funding.

AI programming startup Codeium is raising a new funding round at a valuation of $2.85 billion (approximately NT$93.3 billion), more than doubling its valuation from a year ago. Founded in 2021 by Varun Mohan and Douglas Chen, Codeium offers an AI tool for programming that supports over 70 languages and integrates with more than 40 IDEs. It targets enterprise clients with features like self-hosting for data security. Codeium's strategy includes offering free services to drive adoption while optimizing GPU usage to manage costs.

Webrazzi
Feb 3rd, 2025
Artı Ve Eksileriyle Yapay Zeka Destekli Kod Editörleri: Windsurf Ve Cursor

Geliştiriciler için kodlama sürecini kolaylaştırıp hızlandıran yapay zeka destekli kod editörleri, gün geçtikçe popülerlik kazanıyor. Bu alanda dikkat çeken iki ürün olan Windsurf ve Cursor, farklı özellikleri ve yaklaşımlarıyla öne çıkıyor. Her iki aracın da kendine özgü avantajları ve dezavantajları bulunuyor. Gelin, Windsurf ve Cursor arasındaki farkları detaylı bir şekilde inceleyelim.Windsurf: Kullanım Kolaylığı ve PerformansWindsurf, sadelik ve kullanıcı dostu bir arayüz ile geliştiricilere hitap ediyor. Yeni başlayanlar için ideal bir seçenek olan bu editör, kodlama deneyimini kolaylaştırmak için çeşitli özellikler sunuyor. Cascade adı verilen mod, Windsurf’ün dikkat çeken özelliklerinden biri

Neowin
Jan 20th, 2025
Windsurf Wave 2 now memorizes your preferred coding styles for its suggestion

At the end of last week, Codeium released Wave 2 of its Windsurf IDE.

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