UCG Raises $15M Series A to Accelerate CRUD Generation Platform
Leading venture capital firm invests in UCG's mission to revolutionize application development through AI-powered code generation.
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UCG, the leading platform for automated CRUD operation generation, today announced the completion of a $15 million Series A funding round led by Innovation Ventures, with participation from TechStart Capital and several prominent angel investors from the developer tools space.
The funding will be used to accelerate product development, expand the engineering team, and enhance UCG's AI-powered code generation capabilities. Since launching two years ago, UCG has generated over 10 million lines of production-ready code for more than 50,000 developers worldwide.
"We're seeing unprecedented demand for tools that can accelerate application development without sacrificing code quality," said Sarah Chen, CEO and co-founder of UCG. "This funding allows us to double down on our AI research and deliver even more powerful features to help developers focus on what matters most - building innovative products."
The platform has gained significant traction among both individual developers and enterprise teams, with notable customers including several Fortune 500 companies who have integrated UCG into their development workflows. The company reports that teams using UCG typically see a 70% reduction in time spent on repetitive coding tasks.
"UCG represents the future of software development," said Mark Thompson, Partner at Innovation Ventures. "Their approach to intelligent code generation is transforming how teams build applications, and we're excited to support their continued growth."
The Series A comes on the heels of strong product momentum, including the recent launch of UCG's enterprise collaboration features and expanded support for cloud deployment platforms. The company plans to use the funding to add support for additional programming languages and frameworks, as well as enhance its AI capabilities.
UCG's platform currently supports over 20 programming languages and frameworks, including React, Vue.js, Node.js, Python Django, PHP Laravel, and more. The company's roadmap includes plans for advanced AI features such as automatic API optimization and intelligent database schema recommendations.
"This is just the beginning," added Chen. "We're building the future of application development, where developers spend their time solving unique business problems rather than writing boilerplate code."