Moderne raises $30M to solve technical debt across complex codebases
Florida-based Moderne has raised $30 million to help enterprises solve technical debt across complex codebases.
When companies take shortcuts to build their software stack, prioritizing speed and quick-fixes over quality and long-term scalability, they can end up with what’s known as “technical debt.” Essentially, if a codebase is not constructed properly, as it grows, it will become more complex, cost more to maintain, and it’ll become ever harder to add new features. And as with most kinds of debt, the problems can grow exponentially if left unaddressed.