"Synthesized hopes to take advantage of a surging demand for software quality assurance, its founder and CEO Nicolai Baldin told Fortune. With the increasing popularity of "vibe coding"-using AI to write computer software simply from a description of what the software should do-as well as AI-powered coding assistants that provide suggestions to human coders, testing the resulting code to ensure that it works well and doesn't introduce cybersecurity vulnerabilities is more important than ever."
""We are making sure we really identify those things which are going to break your app, at the data level, on the environment level, and help you expose those breakage points," Baldin said. "This is absolutely critical because those traditional [testing] coordinators, they don't do that." The need for this kind of testing is growing rapidly. Spending on automated software evaluation tools is expected to reach $10.6 billion by 2033, up from $1.9 billion in 2023, according to a market research report from Market.us."
Synthesized secured $20 million in Series A funding led by Redalpine, with participation from IQ Capital, Mercia Ventures, UBS, Seedcamp and Deutsche Bank. Deutsche Bank previously invested and also uses the company as a customer. The startup automates software testing using artificial intelligence to detect failures at the data and environment levels and to expose breakage points. The company targets risks introduced by AI-generated code and coding-assistant suggestions, aiming to improve validation and security. Market projections show automated software evaluation spending rising from $1.9 billion in 2023 to $10.6 billion by 2033.
Read at Fortune
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