Blacksmith reaches $1B valuation after Series C
TechCrunch: Blacksmith hits unicorn valuation after Sequoia leads Series C
Blacksmith, a platform that lets companies build and test AI code more effectively, just announced a $66 million Series C round led by Sequoia that values the company at $1 billion.
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Blacksmith is a platform that helps companies build and test software more efficiently, including code written by AI. The company reached a $1 billion valuation after Sequoia led a $66 million Series C funding round. The company was founded to address continuous integration, which is the process of building, testing, merging, and validating code changes, as companies struggle with the volume of these processes especially as AI writes more code. Blacksmith has demonstrated significant growth, with annual recurring revenue increasing 17x and over 90 million CI jobs completed.
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