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DeepSource secures $2.6M seed investment
Back in March 2005, Y-combinator announced a seed accelerator program that aims to help startups raise initial funding and provide a platform where startup founders get to interact with industry experts. Till now, they have helped startups like Dropbox, Airbnb, Reddit, and Twitch. DeepSouce is the latest member of Winter 2020 Y Combinator and has raised $2.6 million seed investment.
DeepSource is building a solution to help developers automate static code analysis to eliminate and mark errors in the code, before going through a human code review. As per their blog post, developers cost a whopping $85B wasting their time on bad code. They aim to help reduce this cost, not eliminate it entirely since code does require human intervention. After going through the code, DeepSource gives the developer a report with the error and an explanation of how to fix it.
DeepSource released the first version of its product in Feb 2019 on ProductHunt. It only worked only for Python and Go language, and supported only open-source repositories at that time. They started meeting developers and publicized themselves by attending developer conferences. They cracked their first ‘big’ client — Uber Engineering which was able to fix over 50 bugs in no time. As of now, developers have fixed over 3.7 million issues using DeepSouce.
Since their acceptance into YC Cohort, DeepSource has developed a solution that its primary users where facing — manually fixing all the errors. They developed Autofix that goes through and fixes a set of common errors automatically for the developers.
The company aims to automate the process of Code Reviews which at this time is completely manual, even for large corporations. Autofix acts as a small step in that direction and DeepSource will continue to use the seed money to serve its ultimate goal.
