Carney Badley Spellman’s legal team, led by Daniel Neuman, represented Code Metal in its $125 million Series B financing, valuing the company at $1.25 billion. Salesforce Ventures was the lead investor, with additional funding from Accel, B Capital, Smith Point Capital, J2 Ventures, Shield Capital, Overmatch, and RTX.
The financing marks a significant milestone for Code Metal and reflects strong institutional confidence in the company’s leadership in verifiable code translation for mission-critical industries. Code Metal’s technology enables organizations in defense, automotive, semiconductor, and other regulated sectors to translate and optimize software while ensuring verification, validation, and production readiness. The capital will support continued investment in engineering capacity, product development, commercial expansion, and strategic partnerships across government and enterprise markets.
Carney Badley Spellman is proud to support innovative companies operating at the forefront of emerging and regulated technologies.
Source:Â Businesswire
