Coder Raises $90M Series C Led by KKR for Secure AI Dev Platforms

Coder, founded in 2017 in Austin, Texas, provides a centralized cloud platform for enterprises to build and run secure software development environments. This replaces fragmented local setups with standardized, controlled workspaces that integrate human developers and AI coding tools, ensuring consistency, faster onboarding, and governance over software creation. The company has seen 300% year-over-year bookings growth and 186% net dollar retention over the past four quarters, driven by demand in regulated sectors like finance and defense.