Namespace raises $42M Ssries B, seven months after Series A
A Zurich-foundeddeveloper infrastructure startup has raised $42m in a Series B financing round,just seven months after completing its Series A. Namespace is a platform that increasesthe pace of softwa...
Zurich-based developer infrastructure startup Namespace has secured $42 million in Series B funding, just seven months after its Series A round. The platform aims to accelerate software teams' build and test workflows, catering to engineering teams seeking quicker software development without managing the underlying infrastructure.
Founded in 2022 by former Google principal engineer Hugo Santos, Namespace envisions itself as the infrastructure layer for AI coding agents, enabling developers and AI agents to build, test, and run code more rapidly.
The Series B financing round was spearheaded by Scale Venture Partners, with additional participation from 20VC, NEA, Essence, Burst Capital, and notable angel investors, including Olivier Pomel, CEO of Datadog. Namespace intends to allocate the funds towards accelerating product development and expanding its compute and server infrastructure.
Santos, the company's founder, expressed his motivation for creating Namespace, stating that he believes developers deserve better tools and infrastructure. During his tenure at Google, Santos observed the significant impact of improved tools and infrastructure on developer workflows. However, he noted that such advancements are still scarce among most companies.
His vision for Namespace is to make this enhanced experience the standard for every rapidly evolving organization. Namespace collaborates with companies such as SpaceXAI, Ramp, Framer, ElevenLabs, and Vanta.
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