Israeli startup Swimm, which is making continuous documentation an integral part of the development lifecycle, has completed a $27.6 million Series A funding round, the company announced Monday.
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Swimm's platform allows engineers to build documentation that includes "live" snippets from the codebase that auto-sync with changes, incorporating the creation and maintenance of code documentation into the development workflow.
The round, which brings Swimm's total funding to $33.3 million, was led by New York-based global venture capital and private equity firm Insight Partners, with participation from Dawn Capital, alongside existing seed investors Pitango First and TAU Ventures. The company also announced the launch of an open beta, which grants free access to any team that wants to use Swimm's platform.
"Swimm is redefining developers' relationship with documentation, transforming it from a tedious task that requires heavy investment and rarely pays off, into a seamless part of the CI process," said Swimm co-founder and CEO Oren Toledano. "By allowing developers to effortlessly create and maintain documentation, as well as improving discoverability, Swimm becomes an impactful and powerful tool for teams."
Hyper-growth cloud security unicorn Orca Security turned to Swimm to address these challenges while raising more than $500 million and growing its team to over 200 employees in recent months.
"Swimm's rapid growth and widespread adoption by small startups and high growth ScaleUps alike is a testament to the extraordinary value customers are getting from their highly differentiated product," said Lonne Jaffe, Managing Director at Insight Partners. "Swimm has created a new category — continuous documentation — that addresses a productivity and collaboration pain point that has existed for software developers for decades, and then goes beyond. Swimm is a rocket ship, and we're excited to be on board."
