Seven months after its Series A, Namespace is back raising money. According to Startupticker.ch, the company has closed a $42 million Series B, bringing its total funding to $65 million. The round is led by Scale Venture Partners. A company registered in the United States, Namespace has a strong presence in Switzerland, starting with its founder and CEO, Hugo Santos.

A platform built for coding agents

Namespace is building a development platform for what the company calls “the era of coding agents”. Its argument, as reported by Startupticker.ch: programming agents will produce “the next 100 billion commits” sooner than expected, and they need infrastructure built for one thing only, performance.

The company believes that hyperscalers such as AWS and GCP optimise their offerings for production workloads, not for the coding, build and test environments that agents depend on. Namespace is therefore focusing on this niche: fast environments running Mac, Windows and Linux, with its own server racks around the world.

The Mac, providers’ blind spot

The most concrete point in the story concerns the Mac. According to the source, almost all infrastructure providers skip Apple’s platform. As a result, an agent tasked with developing an iOS or macOS app for the App Store has nowhere to build or test it. It needs a Mac, at any scale, with the full iOS and macOS development toolchain. According to Startupticker.ch, this has led to “overwhelming” demand for Namespace’s Mac environments.

What the round will fund

The Series B has a clearly stated purpose:

  • accelerate product development;
  • expand the company’s data centres, including its fleet of Mac hardware.

To justify this expansion, Namespace points to growth figures: according to Startupticker.ch, its total revenue has grown 8x over the past twelve months. The company says it serves more than 1,000 businesses, including SpaceX, Eleven Labs and DuckDB. These figures come from the company and have not been independently verified.

Who is putting money on the table

Scale Venture Partners leads the round. Also taking part are NEA, 20VC, Essence, Burst Capital and Susa Ventures, along with angel investors including Olivier Pomel, CEO of Datadog. NEA had already led the Series A, announced in March 2026.

On the investor side, the message is predictable but illuminating. Javier Redondo, partner at Scale Venture Partners, believes that the use of agents in software development “challenges the trade-offs” on which previous generations of tools were based, and that Namespace can meet the need for speed and scalability without compromising on reliability and security. Harry Stebbings, founder of 20VC, says that in twelve years of investing, Namespace has “the best customer references” he has ever seen.

A foothold in Zurich

Legally, Namespace is registered in Delaware and, according to its LinkedIn profile cited by Startupticker.ch, is headquartered in San Francisco. It does, however, have a subsidiary in Switzerland, and part of the team, including Hugo Santos, is based there. The company is currently hiring in San Francisco and Zurich. For the Swiss ecosystem, it is one more case of a company structured in the United States but with part of its work done here.

What the round says about the market

Beyond the amount, this quick follow-on round, just seven months after the Series A, illustrates investors’ appetite for the infrastructure that serves coding agents, and not just for the agents themselves. If these tools write more code, it has to be built and tested somewhere. Namespace is betting that the big public clouds do not cover this need, particularly for the Mac. It remains to be seen whether the demand described by the company holds up as capacity expands.

Sources