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Venture Capital News: Zed Industries Pulls In $10M Series A Round

2023-03-16
SAN FRANCISCO, CA, Zed Industries, the maker of a high-performance, multiplayer code editor, has raised a $10 million Series A funding round, bringing total investment in the company to $12.5 million.
The round was led by Redpoint Ventures, with participation from existing investor Root Ventures as well angel investors including Dylan Field of Figma, Tom Preston Werner of GitHub, Spencer Kimball of CockroachDB, and Rahul Vohra and Todd Goldberg of Superhuman. The company is also launching Zed, its code editor built from scratch to treat collaboration as a first-class concern, into beta after a successful alpha development phase.

Zed is a high-performance, multiplayer code editor from the creators of Atom and Tree-sitter that allows developers to code at the speed of thought. It combines the speed of a lightweight editor with the power and extensibility of an IDE, in an elegant and minimal experience that treats collaboration as a first-class concern.
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