Diffblue Raises $22 Million
Artificial Intelligence startup Diffblue announced it has secured $22 million in Series A financing. Three investors participated in the round: Goldman Sachs Principal Strategic Investments, Oxford Sciences Innovations, and the Oxford Technology and Innovations Fund.
DiffBlue is a Oxford University spin-out that is applying artificial intelligence to software development. The company is creating AI with the goal of automating all traditional coding tasks: bug fixing, test writing, finding and fixing exploits, refactoring code, translating from one language to another, and creating original code to fit specifications.
According to the company, Diffblue is launching three products that are built on its core engine: a testing product that automatically generates human-readable tests for an existing codebase; a security product that automatically discovers security holes and generates runnable exploits; and a refactoring product that automatically rewrites badly expressed or out of date code.