Copia, an industrial code management and recovery provider, raised $26M co-led by AE Ventures and Squadra Ventures, after previously raising $16.4M (Colin Campbell/Axios)

Copia, a provider of industrial code management and recovery solutions, has secured $26M in Series B funding, demonstrating strong investor confidence in the critical need for code protection and disaster recovery in industrial environments. This capital infusion signals growing market recognition that IT organizations must prioritize secure code management and business continuity capabilities, particularly as industrial systems become increasingly digitized and vulnerable to data loss. For CIOs, this investment trend underscores the strategic importance of implementing robust code management infrastructure to mitigate operational risk and ensure regulatory compliance.