Code review is a key step in the software development process – it’s when people test the program by looking at and reading parts of the source code. But despite its importance, not all developers are happy with how traditional code reviews work. For example, Microsoft research found that code review results often do not match motivations due to unrealistic expectations or a lack of developer resources.
In an effort to change code reviews for the better, Jaime Jorge co-founded Codacy, which provides insight into code quality, security, compliance, and performance. Fresh off the launch of a new product designed to measure engineering performance, Lisbon-based Codacy has closed a $15 million Series B funding round led by Bright Pixel Capital, the corporate venture capital arm of one of Portugal’s largest employers, Sonae Group.
To date, Codacy has raised $28 million.
“To stay competitive in a world where every company is driven by software, companies need to balance quality and speed of delivery,” Jorge told TechCrunch in an email interview. “The adoption of telecommuting in industry has thrown companies into disarray, creating tension between engineers who earn for flexibility and freedom and managers who are accountable for results. Many companies have mistakenly adopted monitoring as a solution that in the long run damages the culture and prevents them from hiring and retaining the best talent.”
Jorge did his master’s thesis on duplicate code detection, which sparked his interest in code inspection. He teamed up with Codacy’s other co-founder, João Coxaria, to launch the startup in 2012.
Since Codacy was founded ten years ago, the code review market has grown substantially with companies such as SonarSource and DeepCode — whose platforms scan codebases for bugs — raising hundreds of millions of dollars in venture capital. Incumbents like Amazon have also thrown their hats into the ring (see: CodeGuru).
But Jorge argues that the scale of Codacy’s platform is a testament to its success. Over the past 12 months, the platform has identified more than 20 million vulnerabilities and, according to Jorge, has reduced the time developers spend on QA by up to 60%.
We’ll have to take his word for it—statistics like these are difficult to independently verify. But what there is The validation is that Codacy sees a strong business opportunity outside of code validation in the area of engineering monitoring. That’s the focus of Pulse, the company’s second product, which aims to measure things like software deployment frequency, code change times and other aspects of software development that correlate with “business impact.”
“Pulse collects metrics that allow teams to understand performance without compromising a healthy culture,” said Jorge. “We’ve seen first-hand with our clients how difficult it is to maintain a healthy productivity culture in the face of remote work. Pulse is committed to helping with this process.”
Of course, not every developer will support the idea of closely monitoring their work. On the other hand, it may not matter if managers see a benefit in quantifying, or at least attempting to quantify, individual contributions to projects.
Jorge said Codacy “regularly” deletes customer data, including performance metrics that are “no longer needed to maintain normal operations [the company’s] product[s].”
“Over time, we’ve found that … management tends to care about metrics that are closer to larger business outcomes. In other words, management cares for the forest, not the trees. That’s why we developed Pulse: to provide a meaningful, cohesive set of metrics that management cares about,” Jorge said, arguing that Pulse is inherently non-invasive. “So they’re following what their colleagues in other departments are already doing, measuring performance, without compromising their engineering culture.”
Codacy seems to be doing something right, with a customer base of around 870 brands, including Panasonic and Delivery Hero, and a user base of over 300,000 developers. Jorge says the funding will be focused primarily on product research and development, including adding new capabilities to Codacy’s existing services, bringing new services to market, and hiring senior professionals in engineering, support and success teams, as well as sales and marketing. . (Today, Codacy has 100 employees.)
“The broad slowdown in technology is benefiting us as companies hope to automate processes while maintaining high quality and understanding their engineering. “Despite the frequency of layoffs in the industry, we’ve seen many of our customers actually expand their use of our product suite,” Jorge continued. “We’re very attuned to the perpetual, dependent nature of software development. It is independent of cycles and its momentum is based on the global digital transformation. Now is the time to be greedy for the fact that every company wants to be software driven.”