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French-American AI coding startup Poolside has raised $500 million in a Series B funding round to enhance its AI coding assistants and boost its go-to-market strategy. The funding round was led by Bain Capital Ventures and includes backing from French billionaire Xavier Niel. Poolside aims to build the world's most capable AI for software development, positioning itself as a competitor to GitHub and other platforms. StepStone VC also participated in this funding round.
StepStone VC's newest port. co. @poolsideai’s $500M B round doesn’t just support them building the world’s most capable AI for software development, it stakes their spot in the race to AGI. Proud to back @jason, @eiso and team - check out their threads and vision for more on why https://t.co/SIqVwgOWn2
#GenAI Here, and for so long now, we've been walking on our heads... French-American #AI startup Poolside raises $500 million to build AI coding software. Why not? Could be not bad, of course! 👇 https://t.co/k9asPSCiw5 v/ @business But, The company hasn't even released its… https://t.co/bVdI5CjLBs
The startup raised a $500m Series B to boost the capabilities of its AI model and double down on its go-to-market strategy https://t.co/oCYYtxmZZi