Code testing startup Antithesis raises seed funding at $215 million valuation

By Thomson Reuters Feb 13, 2024 | 4:02 AM

By Krystal Hu

(Reuters) – Software testing startup Antithesis has raised $47 million in seed funding, valuing the company at $215 million, a source familiar with the matter told Reuters.

Amplify Partners, Tamarack Global, and First In Ventures led the funding round, the source added.

The Washington-based startup was co-founded by serial entrepreneur Will Wilson, who sold his last startup FoundationDB to Apple in 2015.

In an interview on Monday, Wilson said that Antithesis’ artificial intelligence-powered software can scan programs under development for bugs in codes. It boosts software engineers’ productivity by reproducing and providing debugging information. The tool works with a variety of coding languages.

The company plans to use the funding invest in sales and marketing while expanding the team with the funding, according to Wilson.

The company said it already works with enterprise customers, including MongoDB and Palantir.

(Reporting by Krystal Hu in Toronto; Editing by Rashmi Aich)