Software bug checking developer Code Intelligence spun out of University of Bonn in 2017 and has now been backed by HTGF and Digital Hub Bonn.
Code Intelligence, a Germany-based software bug checking spinout of University of Bonn, has raised €700,000 ($810,000) in seed funding from public-private partnership High-Tech Gründerfonds (HTGF) and startup accelerator Digital Hub Bonn.
Spun out in 2017 from Bonn’s usable security and privacy research group, Code Intelligence is developing a software diagnostics product called CI Security Suite which uses a flood of automated, pseudo-random input changes to probe computer programs for bugs and flaws.
CI Security Suite is designed to make the technique, known as fuzzing, more accessible to ease the workload of IT security experts and open up functionality for users with less expertise.
The capital will go towards further development of CI Security Suite as Code Intelligence prepares to bring the product to market in mid-2019. Code Intelligence expects to complete certain pilot projects related to development by the end of this year.
Code Intelligence’s co-founders include Henning Perl, a communication and networked systems researcher at University of Bonn’s Institute of Computer Sciences who is now the company’s chief technology officer.
Two alumni from the Fraunhofer Institute for Communication, Information Processing and Ergonomics, Sergej Dechand and Khaled Yakdan, also helped start the company.
Ulrich Schmitt, investment manager at HTGF, said: “Access to modern application security testing is of great value to many companies, for example to prevent data breaches and manipulation or even loss of control over devices.”