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Boston-based Code Metal has raised $125 million in a Series B funding round led by Salesforce Ventures, increasing its valuation to $1.25 billion. The startup focuses on code translation and verification for the defense industry, with customers including the US Air Force and RTX.

Founded in 2023, Code Metal's platform translates legacy code into modern programming languages while ensuring correctness through proprietary testing methods. The new funding will help expand engineering capacity and commercial partnerships.