Developer tool innovator Tabnine has secured $25 million in a Series B funding round. This capital influx boosts Tabnine's total funding to $55 million, with Telstra Ventures steering the investment drive.

The round witnessed both new and returning backers, including Atlassian Ventures, Elaia, and previous supporters such as Qualcomm Ventures and TPY Capital. Tabnine plans to channel the funds into perfecting its AI-powered coding assistant, broadening the capabilities for developers worldwide.