The Code Registry Secures Seed Funding to Revolutionize Code Analysis with AI

LAFAYETTE HILL, PA, USA. 15th April, 2024 – In a significant leap forward for code security and analysis, The Code Registry, the world’s first AI-powered code intelligence and analysis platform, today announced the successful closure of its seed funding round, incubated at the Mission Capitalist Club in the United States and led by leading private technology investors including:  leading fintech entrepreneur Michael M. Carter (Founder & CEO, BizEquity);  banking software pioneer Michael Sanchez (CEO, Savanna Inc and Co-Founder of Finxact), and former Internet Capital Group Managing Director John Loftus and with participation from other leading private investors within the software and fintech industries. 

 

Founded in London by technology entrepreneurs Mark Purdy and Stephen Gray, The Code Registry’s investment propels the company towards its mission of demystifying software development and security for non-technical business leaders and CTOs alike. Concurrently, The Code Registry is thrilled to announce its official public product launch, ushering in a new era of software asset security and management. 

 

Designed specifically to meet the unique needs of both non-technical business leaders and senior IT experts, The Code Registry offers an unparalleled solution: an independent, fully secure replication of entire code repositories coupled with advanced AI-powered insights. This ground-breaking platform ensures that business software assets are not only safe but also optimally managed through advanced analysis and insightful reporting. 

 

“Securing this seed funding is a testament to the potential of The Code Registry to transform the way businesses protect and evaluate their software assets,” said Mark Purdy, CEO of The Code Registry. “As we step into the public sphere, we’re not just launching a product; we’re introducing a new vertical within the code security, intelligence, and analysis industry, one that empowers business leaders via the latest AI technologies to make informed decisions and feel in control of their businesses digital assets.” 

 

The Code Registry platform stands out due its unique approach of AI-powered analysis across over 4,000 rules and data points, providing a comprehensive security assessment of entire codebases and their dependencies. It tracks development progress through comparison analysis reports with every new code replication. Moreover, it provides in-depth insights into the make-up of software assets; from languages, file types and code complexity scoring. With its innovative 'cost-to-replicate' valuation service The Code Registry positions itself as an indispensable tool for managing software development budgets effectively. 

 

As businesses increasingly rely on digital infrastructure, the need for robust, user-friendly tools for code management and security has never been greater. The Code Registry’s public product launch is poised to meet this demand, offering peace of mind to business owners, CEOs, and CTOs concerned about their software development budgets and asset security. 

 

For more information about The Code Registry and to explore its services, please visit The Code Registry