Kodesage, a Budapest-based startup, has raised 6.6M USD in seed funding to build an on-premise AI platform for modernising legacy software systems including COB
Kodesage, a startup based in Budapest, has secured $6.6 million in seed funding. The company plans to use this investment to develop an on-premise AI platform. This platform will focus on modernizing legacy software systems, particularly those written in COBOL, Oracle Forms, and RPG, targeting financial institutions and insurers. AI
IMPACT Accelerates modernization of critical financial infrastructure, potentially reducing risk and costs for banks and insurers.