Milestone, an innovative enterprise platform measuring AI coding tools’ adoption and impact, has secured $10 million in Seed funding. The investment was led by Heavybit and Hanaco Ventures, with contributions from Atlassian Ventures and prominent angel investors, including former AT&T CEO John Donovan. Milestone’s platform integrates with top AI coding tools like GitHub Copilot and Claude Code, tracking usage and performance metrics such as code quality and development speed. Serving clients like Sapiens and Kayak, the company aims to clarify how AI enhances engineering performance. Founded by CEO Liad Elidan and CTO Prof. Stephen Barrett, Milestone employs about 25 people in Israel and the U.S., with plans for expansion. Elidan emphasizes that Milestone quantifies AI’s impact, fostering trust in AI tools and cultivating a robust AI culture within organizations. This foundational shift is essential for developers and teams to leverage AI effectively, enhancing overall software development efficiency.
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