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Tabnine was voted as having the “Best Presentation,” at the Innovation Showcase during VentureBeat’s Transform last week.
The Tel-Aviv-based company offers an AI-powered coding assistant designed to accelerate and simplify software development. It functions as a pair programming tool that integrates directly into a company’s integrated development environment (IDE), providing intelligent code suggestions and completions tailored to each company-specific context.
At the Showcase, Tabnine’s VP of ecosystem Brandon Jung announced the release of “Coaching.” This is the ability to constrain the output of Tabnine to match explicit corporate standards and guidelines within the IDE. It also offers the ability to catch deviations at the pull request and automatically adjust.
Jung said during his presentation that the company often gets questions about two main issues, trust and control. “Coaching” helps address the latter.
“Now obviously we’re going to bring some great rules into this as a default, but it’s programmable,” Jung said during his presentation. “It’s something that any customer can put in whatever their roles might be required. Then we have the repo. They may have specific rules they want to be sure and enforce and those are areas that are critical for the adoption, particularly into companies that have high-security code or have a very consistent code they need to deliver again, banks, insurance companies, chip manufacturers with key ones that look at this as requirements.”
Credit: Tabnine
The company offers its own AI models and hosts other models on which the Tabnine application can be run.
The company launched a new version of its time-saving application programming interface in June 2022. In February it announced updates to its assistant, which includes integrating retrieval augmented generation (RAG) techniques that allow the platform to give fine-tuned suggestions. In April, the company announced a capability that allows users to select the underlying large language model (LLM) that powers its software development chat tool, Tabnine Chat. Engineering teams can now select from a catalog of models to use the one best suited to their situation and can switch between them at will.
Tabnine has raised $57.1 million to date, with $25 million coming from a series B funding round in November 2023. The company has 85 employees. Competitors include Microsoft’s GitHub Copilot, Google Gemini Code Assist and Coedium.
Credit: Tabnine
Jung said after winning at the showcase that he was “thrilled, as it is confirmation that the story we share, that customers love is consistent with VC’s view as the next horizon of investment.” He added that this confirms that “our value proposition is differentiated and scalable is critical when competing against the largest tech company in the world, Microsoft.”
The panel of judges for the Innovation Showcase included investors Lisa Yu, partner at 99VC; Jeremiah Owyang, general partner at Blitzscaling Ventures; Eugenio Gonzalez, partner at Plug and Play Ventures; and Tim Tully, partner at Menlo Ventures.
Read about SambaNova winning “Coolest Technology” Award, and Instabase winning “Most Likely to Succeed” and this year’s showcase.
