Coder Secures $90M Series C Led by KKR to Advance Secure Enterprise AI Development

Coder secured a $90 million Series C round led by KKR, with participation from Quantum Resource Token (QRT) and Uncork Capital. The financing relates to how Coder provides centralized infrastructure for building and running software development environments in the cloud.

Coder said the investment reflected demand for infrastructure supporting cloud-based software development. The company also described its work as a way to bring structured governance to development environments, including environments where Artificial Intelligence (AI) coding tools operate in the same governed setup.

Coder described a platform where enterprises build and run software development environments in the cloud, replacing fragmented, local setups with standardized, customer-controlled workspaces. It said the setup supports both developers and AI coding tools in the same governed infrastructure and includes governance capabilities. Coder also cited KKR’s and QRT’s internal rollouts and usage of Coder-managed environments.

The companies said Coder planned to use the funding to support platform innovation, focus on supporting enterprise AI workflows, and strengthen governance capabilities, along with scaling its presence in Europe, Asia, and North America. “We chose to partner with customers KKR and QRT in this round because they have the clearest view of how AI evolves software development,” said Rob Whiteley, CEO of Coder. “They’re using Coder to bring consistency and security for every enterprise user to leverage the latest technologies like Claude Code, Cursor, and OpenClaw,” Whiteley said. “Software development is undergoing a fundamental shift, driven by the move to the cloud and the rapid adoption of AI, with more than 80% of enterprise developers today using or planning to use coding agents in their daily workflows,” said Ben Pederson, Managing Director at KKR.