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

51-200

Company Stage

Series C

Total Funding

$236.4M

Headquarters

San Jose, California

Founded

2021

Overview

Codeium optimizes deep learning inference workloads for businesses using artificial intelligence. By moving GPU code to remote resources, it helps clients improve resource utilization and reduce costs, sometimes by up to tenfold. Clients register their models, and Codeium enhances their performance, particularly in demanding applications like autonomous vehicle simulation. The company's goal is to provide a cost-effective solution that maximizes the efficiency of deep learning applications.

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Simplify's Take

What believers are saying

  • Codeium's valuation increased to $2.85 billion, indicating strong market confidence.
  • The demand for AI-powered developer tools is growing, benefiting Codeium's market position.
  • Codeium's strategy of offering free services drives adoption and optimizes GPU usage.

What critics are saying

  • Increased competition from Google's Gemini Code Assist may impact Codeium's market share.
  • High valuation may lead to investor pressure for accelerated growth and profitability.
  • Free service strategy might strain resources and affect profitability in a competitive market.

What makes Codeium unique

  • Codeium supports over 70 languages and integrates with more than 40 IDEs.
  • Codeium offers self-hosting for data security, appealing to enterprise clients.
  • Windsurf Editor bridges the gap between human and AI coding.

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Funding

Total Funding

$236.4M

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

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

9%

2 year growth

3%
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.

WebWire
Nov 19th, 2024
Codeium Named to Fast Company's Fourth Annual List of Next Big Things in Tech

Codeium, the leading AI-powered platform for software development, today announced its selection as a winner of Fast Company's 2024 Next Big Things in Tech Awards, in the On the Rise: 0-4 Years in Business category.

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