AI coding startup Poolside raises $500M from eBay, Nvidia, and others

Quick Summary:

The cash came in the form of a Series B led by Bain Capital Ventures, which also had participation from a who’s who of Big Tech firms, including eBay (via eBay Ventures) and Nvidia.

Poolside, the AI-powered software dev platform, has raised half a billion dollars in new capital.

Polaris Market Research projects that the AI coding tools market could be worth $27 billion by 2032.

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Article Details

Author / Journalist: Kyle Wiggers

Category: StartupsBusiness

Markets: United StatesCuba

Topics: Coding Dev Enterprise Fundraising AI Startups Startup Developer Generative AI Poolside.ai

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 16:20:40 (3 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22895561

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