August 6, 2019, New York, NY – CodeStream, Inc., developer of software development tools that help teams discuss, review and understand code, announced today the completion of its latest financing round. The round was led by PJC and Brightstone, with participation by S28 Capital and YCombinator.
“We are delighted to have achieved this milestone to fund the continuing success of CodeStream,” said Peter Pezaris, co-founder and CEO of CodeStream. “We are now well positioned to grow the business with a strong product offering, and a long runway.”
CodeStream helps development teams efficiently pay down existing tech debt and avoid accruing new debt. As a result of using CodeStream, customers report that their code review time has been reduced by as much as 50%, while code quality improves. Further, all the discussions that explain how it all works are saved alongside the code itself, and become contextually accessible documentation that is linked to the code blocks it refers to.
“Our investors have recognized that our unique approach to improving development team productivity is working,” said Pezaris. “By integrating with existing workflows and tools such as Slack and Microsoft Teams we simplify collaboration. Our integrations with Jira, GitHub Issues, Trello, and Microsoft Azure DevOps, among others, simplify bug tracking and resolution. We look forward to making these solutions even more powerful and enterprise ready.”
Please share your thoughts and feedback @teamcodestream.
New Relic CodeStream integrates all of your essential dev tools, such as GitHub, GitLab, Bitbucket, Slack, Teams, Jira, Trello and more, into VS Code, Visual Studio, and any JetBrains IDE.
During our daily stand-ups we demo features in development to allow everyone, which now includes you too, to stay in the loop and provide early feedback.