Peter Morales started Code Metal two years ago, jumping into the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the market for software development.
Now he’s got $36.5 million in the bank, thanks to an investment led by venture firm Accel Partners, known for early bets on Facebook
, Dropbox
and Atlassian
Code Metal’s technology allows software engineers to write code once, then automatically translate it into any other programming language so they can ship new features faster and to a wider swath of users. Morales, who was previously technology chief at a gaming company, said Code Metal’s offering is particularly appealing to developers working on software to run appliances, consumer electronics, factory robotics, autos and medical devices.
