RWX Raises $12 Million Series A Led By Hyde Park Venture Partners

RWX has raised $12 million in Series A funding to expand its cloud infrastructure platform for AI-driven software engineering. The round was led by Hyde Park Venture Partners, with participation from existing investor Quiet Capital, The O.H.I.O. Fund, R1 Capital and DV.

Individual investors included Bryan Johnson and Jenkins creator Kohsuke Kawaguchi.

RWX develops a cloud platform where human engineers and AI coding agents can build, test and validate software.

The company believes the growth of AI-generated code is creating a new infrastructure bottleneck because coding agents can produce and modify software faster than conventional continuous integration pipelines and test systems can validate it.

RWX’s platform is designed specifically for AI-assisted engineering rather than adapting infrastructure originally built around development performed mainly by humans.

The company’s customers include Honeycomb, Verkada, nCino and Coalesce.

RWX said its technology helps engineering teams reduce repetitive validation work and keep testing performance stable as the volume of AI-generated code increases.

One of its capabilities uses content-based caching to avoid rerunning tasks when the relevant code or inputs have not changed.

RWX will use the funding to hire additional employees and accelerate development of its dev cloud platform.

The company was founded by CEO Dan Manges and CTO Tommy Graves and is headquartered in Columbus, Ohio.

Manges previously co-founded Root and served as the founding CTO of Braintree before its acquisition by PayPal.

KEY QUOTES:

“The limiting factor in software engineering is no longer writing code. It’s validating it.”

Dan Manges, Co-Founder and CEO of RWX

“Dan and Tommy recognized early that AI-driven engineering would require a fundamentally different infrastructure stack.”

Greg Barnes, Partner at Hyde Park Venture Partners

“We believe they’re uniquely positioned to build the infrastructure this next generation of software development demands.”

Mark Kvamme, Co-Founder and CEO of The O.H.I.O. Fund