Codeium (Windsurf)

Acquired

AI Code Assistance & Agentic IDE

Founded 2021Mountain View, CA
Website
Valuation
Acquired by Cognition AI(14 Jul 2025); terms not disclosed. Last independent round valued it at $1.25B (2024)
Total Funding
$150M+ raised

About Codeium (Windsurf)

Codeium built the AI coding assistant Codeium and the agentic IDE Windsurf. Known for its generous free tier and fast autocomplete, Codeium grew to 800,000+ developers. A reported ~$3B OpenAI acquisition collapsed on 11 July 2025 when the exclusivity period lapsed; Google then paid around $2.4B in a non-exclusive licensing deal that took co-founders Varun Mohan and Douglas Chen and part of the R&D team to DeepMind, and Cognition AI acquired the remaining business — IP, product, brand, 350+ enterprise customers and about $82M of ARR — on 14 July 2025 on undisclosed terms. Windsurf's Cascade agent autonomously edits code across entire repositories.

Company History

Codeium started as Exafunction in 2021, building GPU utilisation software. After pivoting to AI coding in 2022, it differentiated by offering a genuinely free tier with no limits — directly undercutting GitHub Copilot. Windsurf (Nov 2024) introduced the concept of 'Flows' — persistent agentic context across an entire coding session. A reported ~$3B OpenAI acquisition collapsed on 11 July 2025; Google then licensed the technology and hired its leadership, and Cognition acquired the remaining company on 14 July 2025 on undisclosed terms. Cognition renamed Windsurf to Devin Desktop on 2 June 2026.

Company Timeline

7 milestones
  1. 2021Founded as Exafunction, building GPU infrastructure
  2. 2022Pivoted to AI coding; Codeium launched free vs GitHub Copilot
  3. 2023100K+ developers; VS Code / JetBrains extensions
  4. Nov 2024Windsurf IDE launched — agentic coding with Cascade agent
  5. 2025800K+ developers; Series C at $1.25B valuation
  6. Jul 2025A reported ~$3B OpenAI acquisition lapsed (11 Jul); Google licensed the technology and hired the CEO and research leaders; Cognition acquired the company (14 Jul) on undisclosed terms
  7. Jun 2026Cognition renamed Windsurf to Devin Desktop (2 Jun)

Products & Services

4
  • Windsurf IDE
  • Codeium Extension (VS Code / JetBrains / Vim)
  • Cascade Agent
  • Windsurf API

People & ecosystem