Last Updated: 4 August 2026
RWX, a Columbus, Ohio startup founded in 2022 by Dan Manges and Tommy Graves, builds cloud infrastructure for software teams that rely on AI coding agents. The company's focus is a specific problem: as AI tools write and change code faster than ever, the systems meant to check whether that code actually works have struggled to keep up. RWX wants to close that gap.
AI coding assistants have quickly become standard tools for professional developers. According to a Mordor Intelligence market report, the AI code tools market is projected to grow from $7.37 billion in 2025 to nearly $30 billion by 2031, at a compound annual growth rate of over 26%. The DevOps and CI/CD segment, the category RWX operates in, is among the fastest growing areas within that market. Put simply, AI agents are producing more code, and the infrastructure behind testing and deploying that code needs to catch up.
The company has raised $12 million in a Series A round led by Hyde Park Venture Partners, with participation from several institutional and angel investors.
AI coding agents can now generate or modify large amounts of code in minutes. But the infrastructure that verifies whether that code is correct, secure, and ready for production was built for a slower pace of development. CI/CD platforms (short for continuous integration and continuous delivery) are the automated systems that run tests and checks every time a developer, or an AI agent, submits a code change. When those systems fall behind, the entire delivery process stalls.
Many engineering teams are running into the same issue. The CI/CD platforms they have used for years were designed in the early days of cloud computing. They often rerun tests that don't need to be rerun, lack intelligent caching, and can't allocate computing power efficiently across different tasks. These are the kinds of bottlenecks that slow down software delivery even when AI is writing code faster than before.
"Dan and Tommy recognized early that AI-driven engineering would require a fundamentally different infrastructure stack. They built RWX ahead of that shift, and we're excited to support the team as they scale the infrastructure layer for AI-driven software development."
Greg Barnes, Partner at Hyde Park Venture Partners
RWX will use the funding to grow its team and speed up development of its platform. The company has not shared specific hiring numbers or product timelines. Its stated focus is on building what it calls a "dev cloud," a cloud computing environment designed from the ground up for AI-driven engineering rather than adapted from older systems.
Beyond its core CI/CD product, the platform already includes agent sandboxes (fast, reproducible environments for AI coding agents), preview apps for testing changes on demand, container image builds, and test suite management tools that catch unreliable tests and distribute workloads more efficiently. Growing these capabilities is central to the company's plans.
"Building infrastructure for AI-driven engineering requires more than recognizing where software is headed—it requires years of experience building systems at scale. Dan and Tommy have done that before at Root, and they're applying those lessons to RWX. We believe they're uniquely positioned to build the infrastructure this next generation of software development demands."
Mark Kvamme, Co-founder and CEO of The O.H.I.O. Fund
The name RWX comes from the read, write, and execute permissions in computer file systems. The company was founded in 2022 and is led by CEO Dan Manges and CTO Tommy Graves. Manges previously cofounded Root, a technology-driven car insurance company that went public in 2020, and served as founding CTO of Braintree, a payments company acquired by PayPal in 2013. Graves was previously a Principal Engineer at Huckleberry and a Senior Engineering Manager at Root. Clara Kridler serves as COO, having previously held leadership roles at Root, Hologram, and KoBold Metals.
At its core, RWX is a CI/CD platform. One of its key features is content-based caching, which means the system skips rerunning tests and tasks when nothing relevant has changed. Each task runs on its own virtual machine sized to fit the job, and teams can retry individual steps instead of restarting an entire pipeline after a failure. The company currently works with engineering teams at Honeycomb, Verkada, nCino, and Coalesce.
"The limiting factor in software engineering is no longer writing code. It's validating it. Every major shift in software development has required new infrastructure, and AI-driven engineering is no different. RWX is the dev cloud built specifically for that transition."
Dan Manges, CEO and Co-founder of RWX
Hyde Park Venture Partners led the $12 million round. The Chicago-based firm focuses on AI, software, and tech-enabled services companies with connections to the Midwest. Its portfolio includes ShipBob, G2, and FourKites.
Quiet Capital, which led RWX's $7 million seed round in 2022, returned for this round. The O.H.I.O. Fund, R1 Capital, and DV also participated, alongside angel investors Bryan Johnson and Jenkins creator Kohsuke Kawaguchi. With this latest round, RWX has raised $19 million in total since its founding.
