Peter Morales started Code Metal two years ago, jumping into the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the market for software development.

Now he's got $36.5 million in the bank, thanks to an investment led by venture firm Accel Partners, known for early bets on Facebook , Dropbox and Atlassian .

Code Metal's technology allows software engineers to write code once, then automatically translate it into any other programming language so they can ship new features faster and to a wider swath of users. Morales, who was previously technology chief at a gaming company, said Code Metal's offering is particularly appealing to developers working on software to run appliances, consumer electronics, factory

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