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Continuous integration startup Blacksmith Software Inc. has raised $66 million in a Series C funding round that values the company at $1 billion. The investment was led by Sequoia Capital, with participation from Peak XV. The round brings the company's total funding to $125 million, arriving just two months after a $45 million Series B round valued the business at $550 million. [1][2]
Blacksmith provides cloud infrastructure that automates the building, testing, and validation of code changes before companies deploy them to production. According to the company, annual recurring revenue has expanded 17-fold, and its platform has processed more than 90 million automated continuous integration jobs for customers including Mercury and Granola. [1][2]
Co-founder and chief executive Aditya Jayaprakash noted that engineering teams increasingly struggle to handle the sheer volume of integration testing required today. Jayaprakash highlighted that robust automated verification has become particularly critical as automated AI agents generate a growing portion of software code that must be validated for reliability. [2]
Blacksmith Software Inc., a continuous integration cloud startup that helps companies to test and verify new code before they ship it into production, says it’s now valued at $1 billion after closing on a $66 million Series C round of funding today. The round was led by Sequoia Capital and saw participation from Peak XV…
via SiliconANGLE
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.
via TechCrunch