Tessl AI Ltd., a startup using artificial intelligence to streamline software development and maintenance, announced today that it has raised $125 million in funding.

The bulk of the capital, $100 million, came in the form of a recent Series A round led by Index Ventures. Accel also got involved. Tessl previously raised a $25 million seed investment jointly led by boldstart and Alphabet Inc’s GV Seed Fund. The company is now would have valued at $750 million.

London-based Tessl is developing an AI platform that will enable software to be created with natural language prompts. According to the company, the plan allows users to describe the application they want to build in a high-level specification. Tessl’s algorithms will automatically transform customer specifications into code.

The platform will generate Java, JavaScript and Python code at launch. Java powers many enterprise applications, while JavaScript and Python are widely used for web development and AI projects, respectively. Tessl plans to add support for more languages ​​in the future.

In addition to generating software, the platform will also help developers maintain it. According to Tessl, its algorithms will be able to automatically detect any performance issues that may arise in an application over time and resolve them. The company also plans to offer features to detect cybersecurity issues.

Guy Podjarny, founder and CEO of Tessl, previously launched software security specialist Snyk Ltd. This latest startup received a valuation of $7.4 billion in its latest funding round.

Tessl’s software maintenance capabilities will not be limited to fixing security and performance issues. According to the company, its AI will also be able to detect changes in the external components on which the operation of a program depends.

Enterprise applications often interact with external services through application programming interfaces, or APIs. An API can evolve over time as the application it provides access to is updated with new features. When such changes occur, workloads that rely on the API must also be changed, a task Tessl hopes to streamline with its platform.

The company plans to add support for more use cases over time. According to Tessl, the plan is to equip its platform with the ability to collect telemetric data about an application and analyze the data to identify areas for improvement. “Implementations will be customizable, fine-tuned for your specific environment based on your data, and allow for dynamic changes such as prioritizing rush hour speed versus overnight costs,” Podjarny wrote in a statement . blog post Today.

Tessl plans to launch the platform in early 2025. According to the company, it will allow customers to create more sophisticated applications than competing coding assistants. Tessl envisions developers using its platform to create a variety of services, including web and mobile applications.

The company’s funding milestone comes weeks after Poolside, another startup building an AI-powered coding platform, disclosed an increase of $500 million. It used the capital to build a cluster of 10,000 Nvidia Corp. graphics cards. The chips will allow Poolside to train large language models optimized for coding tasks.

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