Swimm, a Tel Aviv, Israel-based company making continuous documentation an integral part of the development lifecycle, announced a $27.6 million Series A funding round to enable engineering teams to create documentation that is always up to date.
The round, which brings Swimm's total funding to $33.3 million, was led by New York-based global venture capital and private equity firm Insight Partners, with participation from Dawn Capital, alongside existing seed investors Pitango First and TAU Ventures.
With this latest investment, the company also announced the launch of an open beta, which grants free access to any team that wants to use Swimm's platform to create continuous documentation and promote development velocity and agility.
Company: S. T. Swimm Tech Ltd.
Raised: $27.6M
Round: Series A
Funding Month: November 2021
Lead Investors: Insight Partners
Additional Investors: Dawn Capital, Pitango First, and TAU Ventures
Company Website: https://swimm.io/
Software Category: Continuous Documentation platform
About the Company: Swimm helps engineering teams better understand their code, through knowledge building and continuous, auto-synced documentation. With Swimm, Continuous Documentation becomes an integral part of the development lifecycle. The platform allows engineers to build documentation that includes "live" snippets from the codebase that auto-sync with changes. This incorporates the creation and maintenance of code documentation into the development workflow.
Source: https://www.prnewswire.com/news-releases/swimm-raises-27-6-million-to-repair-developers-lovehate-relationship-with-documentation-301418602.html