DeepCode, an ETH spin-off that built the first AI platform for code is to be acquired by Snyk, a world leader in developer-first security code analysis.
The decisive advantage that distinguishes the ETH spin-off DeepCode is that it has developed the first AI system that can learn from billions of program codes quickly, enabling AI-based detection of security and reliability code issues. DeepCode is an excellent example of a modern AI system that can learn from data, program codes in this case, yet remain transparent and interpretable for humans.
By joining Snyk, a security tools company valued at 2.6 Billion US Dollars, that enables developers to quickly find code vulnerabilities, DeepCode will have the opportunity to integrate its AI-based capabilities into existing Snyk products, in turn moving closer to its original goal of impacting millions of users worldwide. The financial terms of the agreement have not been disclosed.
Source: “ETH AI spin-off DeepCode acquired by a unicorn in cybersecurity”, Zurich ETH News