Code Metal Secures $125 Million Series B to Accelerate Verifiable AI for Mission-Critical Industries
Code Metal, a leading provider of verifiable code translation solutions for mission-critical sectors, has announced the successful close of a $125 million Series B financing round. The investment was led by Salesforce Ventures, with participation from Accel, B Capital, Smith Point Capital, J2 Ventures, Shield Capital, Overmatch, RTX, and several additional strategic investors. Alongside the funding announcement, the company confirmed that Ryan Aytay, former CEO of Tableau, has joined Code Metal as President and Chief Operating Officer, signaling a significant expansion of its executive leadership team at a pivotal stage of growth.
Rapid Momentum Following Series A Highlights Market Urgency
The Series B round comes only months after Code Metal completed its Series A financing, underscoring the extraordinary pace at which the company has grown and the urgency among regulated industries to adopt verifiable artificial intelligence capabilities. Defense agencies, aerospace contractors, semiconductor manufacturers, and automotive technology firms are increasingly seeking AI-powered development tools, but they require solutions that meet strict compliance, safety, and performance standards. Code Metal’s rapid progression from Series A to Series B reflects strong revenue growth, expanding contract sizes, and accelerating adoption among premier government entities and enterprise customers. In an environment where AI-driven software generation is becoming mainstream, mission-critical sectors are demanding not only speed but mathematical assurance that generated code is correct, secure, and production-ready. Code Metal has positioned itself at the forefront of this shift, delivering a platform designed to bridge the gap between AI innovation and regulatory-grade reliability.
Funding to Expand Engineering, Partnerships, and Market Reach
The newly secured capital will be deployed strategically to strengthen engineering capacity, accelerate product innovation, deepen commercial and government partnerships, and expand the company’s go-to-market operations. By scaling its technical teams, Code Metal aims to enhance its core verification and translation technologies while broadening its reach across global markets. The company’s customers, including Toshiba, L3Harris, RTX, and the United States Air Force, rely on Code Metal’s platform to transition between programming languages and optimize software for specialized hardware environments at unprecedented speeds. These capabilities are particularly critical in defense and aerospace settings, where embedded systems, edge computing devices, and legacy codebases must operate with absolute precision. By investing in talent acquisition, research and development, and strategic alliances, Code Metal intends to scale its infrastructure to meet rising demand from industries where software errors can carry severe operational or safety consequences.
Addressing the Trust Gap in AI-Generated Code
As generative AI tools become increasingly capable of producing software code, mission-critical industries face a fundamental challenge: verifying that AI-generated outputs meet strict compliance and safety standards. Traditional AI code generation methods often prioritize speed and productivity but lack mechanisms to mathematically validate correctness. Code Metal’s approach addresses this gap by combining advanced AI techniques with formal verification methodologies, enabling customers to translate, optimize, and validate code across diverse environments while ensuring it meets production-level requirements. This neuro-symbolic methodology integrates machine learning models with symbolic reasoning systems to provide mathematical proof of correctness, offering a level of assurance not typically found in conventional AI development tools. For sectors such as defense, aerospace, and automotive safety systems, this verification layer is essential. Regulatory bodies and procurement authorities demand demonstrable evidence that software will function reliably under mission-critical conditions, and Code Metal’s platform delivers precisely that capability.
Investor Confidence Driven by Accelerating Adoption
Rob Keith, Partner at Salesforce Ventures, emphasized that AI-driven code generation has reached a turning point, particularly for industries that cannot deploy software without rigorous validation. He noted that Code Metal’s neuro-symbolic framework enables mathematical proof of correctness, a differentiator that has fueled rapid adoption across major defense programs. Within a year, the company’s technology has been incorporated into programs of record at organizations including the United States Air Force and L3Harris, reflecting strong institutional confidence in its approach. Salesforce Ventures’ decision to lead the round was influenced by both the technological sophistication of Code Metal’s platform and the speed at which customers have integrated it into operational environments. With extensive experience scaling enterprise platforms, Salesforce Ventures views Code Metal as foundational infrastructure for a new generation of AI-enabled, compliance-driven software ecosystems.
Leadership Expansion with Ryan Aytay as President and COO
The appointment of Ryan Aytay as President and Chief Operating Officer marks a significant milestone in Code Metal’s evolution. Aytay brings decades of experience in enterprise technology leadership, having served as CEO of Tableau and held senior leadership roles at Salesforce, where he contributed to the growth of one of the world’s most successful enterprise software organizations. In his new role, Aytay will oversee operational scaling, commercial execution, and strategic partnerships, working closely with founder and CEO Peter Morales and the broader leadership team. His focus will include strengthening relationships across defense, automotive, semiconductor, and other highly regulated industries while ensuring that the company’s internal processes and customer engagement strategies evolve in tandem with its rapid growth.
Executive Vision for Scaling Trusted AI Infrastructure
Founder and CEO Peter Morales described the Series B financing as validation of Code Metal’s mission to close the trust gap in AI-generated software. While AI tools can generate code at remarkable speed, Morales emphasized that speed without proof is insufficient in mission-critical contexts. The company’s objective is to build infrastructure that ensures software can be trusted before deployment, eliminating uncertainty in environments where failure is not an option. With Salesforce Ventures’ backing and Aytay’s operational expertise, Morales believes Code Metal is well-positioned to scale with the discipline and excellence required by government and enterprise customers. Aytay echoed this perspective, noting that AI is reshaping how software is developed but that higher standards must apply in mission-critical domains. He highlighted Code Metal’s leadership in trusted verification and validation of both AI-generated and legacy code, expressing enthusiasm for partnering with the executive team to expand the company’s global footprint.
Strategic Support from Global Investment Partners
Yan-David Erlich, General Partner at B Capital, underscored the transformative impact of AI on software development while acknowledging ongoing challenges related to code portability and translation. He cited Code Metal’s traction among defense customers, particularly in enabling development and deployment on edge devices within safety-critical environments, as a compelling indicator of its market potential. The backing of multiple respected venture firms reflects broad investor confidence in the company’s technical differentiation and commercial momentum. By combining financial resources with strategic guidance from experienced enterprise investors, Code Metal is positioned to reinforce its role as a critical enabler of verifiable AI adoption.
Positioning for the Next Phase of Growth
With $125 million in new capital, a strengthened executive team, and expanding adoption across mission-critical industries, Code Metal enters its next phase of growth with significant momentum. The company’s emphasis on mathematically provable verification aligns closely with the evolving demands of defense agencies, aerospace contractors, automotive manufacturers, and semiconductor firms seeking to modernize legacy systems while maintaining rigorous compliance standards. As AI continues to redefine the software development lifecycle, Code Metal’s infrastructure-centric approach aims to ensure that innovation does not outpace trust. By scaling engineering talent, enhancing product capabilities, and deepening partnerships across both government and commercial sectors, the company is building a foundation for sustained leadership in the rapidly evolving field of verifiable AI-driven code translation and optimization.
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