Code Intelligence Company Profile

Background

Mission and Vision

Code Intelligence is dedicated to empowering developers to deliver secure and reliable software by automating application security testing. The company's mission is to make powerful testing technologies accessible, enabling developers to identify and rectify security vulnerabilities early in the development process. Their vision is a world where information is safe, critical infrastructure is protected, and devices are secure.

Primary Area of Focus

Specializing in AI-automated software security testing, Code Intelligence offers solutions that integrate seamlessly into existing development workflows. Their platform utilizes advanced fuzz testing techniques to detect critical bugs and vulnerabilities, ensuring software integrity from the outset.

Industry Significance

In an era where software security is paramount, Code Intelligence plays a crucial role by providing tools that automate complex security testing processes. Their solutions are trusted by industry leaders such as Google, Continental, and Deutsche Telekom, underscoring their impact on enhancing software security standards.

Key Strategic Focus

Core Objectives

Automated Security Testing: Streamline the detection and remediation of software vulnerabilities through automation.

Developer Empowerment: Equip developers with tools to perform security tests without requiring deep security expertise.

Early Vulnerability Detection: Integrate security testing early in the development lifecycle to prevent vulnerabilities from reaching production.

Areas of Specialization

Fuzz Testing: Employing AI-driven fuzz testing to uncover hidden bugs and security flaws.

Integration with Development Tools: Seamless incorporation into popular development environments and CI/CD pipelines.

Key Technologies Utilized

AI and Machine Learning: Enhancing testing processes to identify vulnerabilities efficiently.

White-Box Dynamic Analysis: Providing deep insights into source code to detect and address root causes of vulnerabilities.

Primary Markets Targeted

Automotive: Ensuring the security of embedded systems and software in vehicles.

Telecommunications: Securing network devices and communication protocols.

Medical Devices: Validating the safety and reliability of software in medical equipment.

Financials and Funding

Funding History

Seed Round (June 2020): Raised €2 million led by LBBW Venture Capital GmbH, with participation from Investiere Venture Capital, Occident Group AG, and Verve Capital Partners AG.

Series A (June 2022): Secured $12 million led by Tola Capital, joined by existing investors including LBBW, OCCIDENT, Verve Ventures, HTGF, and Thomas Dohmke, CEO of GitHub.

Notable Investors

Tola Capital: Venture capital firm focused on enterprise software.

Thomas Dohmke: CEO of GitHub.

High-Tech Gründerfonds (HTGF): Seed investor financing tech-driven startups.

Utilization of Capital

The funds have been allocated towards product development, enhancing the platform's capabilities, expanding support for additional technology stacks, and scaling operations to meet growing international demand.

Pipeline Development

Key Products

CI Fuzz: An AI-automated white-box fuzz testing solution that integrates into development workflows, enabling continuous security testing.

Jazzer: An open-source Java fuzzing engine contributing to the detection of vulnerabilities in various projects.

Product Development Stages

CI Fuzz: Continuously enhanced with new features, including advanced debugging tools and support for additional programming languages.

Jazzer: Actively maintained with ongoing contributions to the open-source community.

Target Conditions

The products aim to address security vulnerabilities in software applications across various industries, including automotive, telecommunications, and medical devices.

Anticipated Milestones

Expansion of Language Support: Plans to include support for Node.js, JavaScript, .NET, and Python.

Launch of Self-Service SaaS Platform: Developing a platform to facilitate easier adoption and integration of security testing tools.

Technological Platform and Innovation

Proprietary Technologies

CI Fuzz: Automates fuzz testing by generating millions of test cases to uncover hidden vulnerabilities.

AI Test Agent "Spark": An AI-driven agent that autonomously identifies bugs in code without human interaction.

Significant Scientific Methods

Feedback-Based Fuzzing: Utilizes runtime information to generate more effective test cases.

Concolic Code Execution: Combines concrete and symbolic execution to explore multiple execution paths.

AI-Driven Capabilities

The integration of AI enhances the efficiency and effectiveness of security testing, enabling the detection of complex vulnerabilities with minimal manual effort.

Leadership Team

Dr. Eric Brüggemann: Chief Executive Officer. Joined as Managing Director and COO in 2023; appointed CEO in September 2024. Previously served as Chief of Staff at Thinkproject.

Sergej Dechand: Co-Founder and Chief Evangelist. Former CEO; transitioned to Chief Evangelist in September 2024.

Dr. Khaled Yakdan: Co-Founder and Chief Product Officer. Leads product development and innovation initiatives.

Matthew Smith: Co-Founder and Advisor. Provides strategic guidance and expertise.

Leadership Changes

In September 2024, Dr. Eric Brüggemann was appointed CEO, succeeding Co-Founder Sergej Dechand, who assumed the role of Chief Evangelist. This transition reflects the company's focus on scaling operations and expanding into new markets.

Competitor Profile

Market Insights and Dynamics

The application security testing market is experiencing significant growth, driven by increasing awareness of software vulnerabilities and regulatory requirements. The adoption of AI and automation in security testing is a key trend, enhancing the efficiency and effectiveness of vulnerability detection.

Competitor Analysis

Snyk: Focuses on developer-first security, offering tools to find and fix vulnerabilities in open-source dependencies.

Fortify: Provides static and dynamic application security testing solutions for enterprises.

Contrast Security: Offers application security solutions that integrate into the software development lifecycle.

Checkmarx: Specializes in static application security testing and software composition analysis.

Sonatype: Focuses on open-source governance and software supply chain management.

These competitors offer various approaches to application security, ranging from static analysis to dynamic testing and open-source dependency management.

Strategic Collaborations and Partnerships

Code Intelligence collaborates with industry leaders to enhance its offerings and expand its reach:

Google: Contributed to the open-source community with the Java fuzzing engine, Jazzer, which has identified over 500 vulnerabilities in more than 30 projects.

Bosch, Continental, and Deutsche Telekom: These partnerships underscore the trust and reliability of Code Intelligence's solutions in critical industries.

Operational Insights

Strategic Considerations

Code Intelligence differentiates itself through:

Developer-Centric Approach: Integrating security testing seamlessly into development workflows.

AI-Driven Automation: Reducing manual effort and enhancing the detection of complex vulnerabilities.

Open-Source Contributions: Engaging with the developer community to promote security best practices.

Market Position

By focusing on automation and developer empowerment, Code Intelligence positions itself as a leader in the evolving application security testing market, addressing the needs of modern development teams.