elliehWe've raised $17M to build what comes after Git
A lot of people seem confused about how they raised the money, but it’s actually a pretty easy VC pitch.
- It’s from one of GitHub’s cofounders.
- GitHub had a $7.5B exit.
- And the story is: AI is completely changing how software gets built, with plenty of proof points already showing up in the billions in revenue being made from things like Claude Code, Cusor, Codex, etc.
So the pitch is basically: back the team that can build the universal infrastructure for AI and agentic coding.
Makes sense to me. The new coding agents are drastically changing software development, and I think there's a lot of space for innovation in how version control tooling works in this new world.