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Finnish SaaS startup Swarmia secures €10 million to power engineering productivity

  • Helsinki-based SaaS startup Swarmia has raised €10 million to enhance engineering productivity with real-time insights into product development.
  • The funding round was led by DIG Ventures and Karma Ventures, with participation from notable angel investors like Romain Huët and Cal Henderson.
  • Swarmia, founded in 2019, focuses on improving developer productivity and experience for software engineering teams through real-time insights and data-driven decision-making.
  • The company helps organizations master the three pillars of engineering effectiveness: business outcomes, developer productivity, and developer experience, aiming for growth and success.
  • Software engineering intelligence tools, like Swarmia, are gaining adoption according to Gartner, with expectations to grow significantly in the coming years.
  • Many companies struggle to adopt modern practices due to lack of data, which Swarmia addresses by combining quantitative metrics with qualitative survey data.
  • Swarmia's client portfolio includes well-known companies like Docker, Webflow, Miro, Trustpilot, and Pleo, with plans to expand in the US market.
  • The company is praised for redefining software engineering intelligence, offering ease of adoption and unified data sources for engineering leaders in top-tier software firms.

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