Coder Raises $90M Series C Led by KKR to Secure Enterprise AI Workflows

Coder, a leader in AI development infrastructure, announced a $90 million Series C funding round led by global investment firm KKR. This latest round included participation from Qube Research & Technologies and Uncork Capital. The investment comes as enterprise demand for secure development environments surges alongside the adoption of AI coding agents.

The Austin-based company provides a platform that centralizes software development in the cloud, replacing fragmented local setups with governed workspaces. These environments allow both developers and AI tools to operate within a customer-controlled infrastructure. By automating the provisioning of AI tools and Large Language Models, Coder eliminates the manual complexity typically associated with modern development stacks.

The company reported 300 percent year over year bookings growth, reflecting a massive shift in how organizations build software. Major financial institutions like KKR and Qube are not just investors but active customers who have scaled the platform across their global engineering teams. KKR moved from no AI-assisted code to more than half of its commits occurring within Coder-managed environments in just one year.

To address security concerns, Coder has introduced advanced governance features such as the AI Bridge and Agent Boundaries. These tools act as process-level firewalls that audit every request made by an AI agent to ensure sensitive data remains protected. This focus on compliance and air-gapped security differentiates Coder from other players in the cloud development space.

The new capital will support platform innovation with a focus on autonomous AI workflows. Coder plans to scale its presence across North America, Europe, and Asia to meet the growing global demand for governed developer infrastructure. As most enterprises now plan to integrate coding agents, Coder is positioned as the foundational layer for this next generation of software velocity.