←Story detail

Trending story

Blacksmith announces completion of $66 million Series C funding round

1 reports1 story updatesUpdated Oct 22 01:18

Understand this story

AI overview

Blacksmith announced the completion of a $66 million Series C funding round. According to a TechCrunch AI report, the round was led by Sequoia, valuing the company at $1 billion. The platform helps companies build and test software more efficiently, including AI-generated code. The report says its annual recurring revenue grew 17-fold, it has run more than 90 million CI tasks, and its customers include Mercury and Granola. The report also noted that two months ago its Series B round was $45 million at a $550 million valuation, bringing total funding to $125 million. Currently, the above report is the only evidence for this event, and there have been no subsequent developments.

AI-generated from public reports

Latest development · Report

Blacksmith Raises $66M Series C Led by Sequoia at a $1B Valuation, Joining the Unicorn Ranks

Developments

1 confirmed developments

  1. Blacksmith announces completion of $66 million Series C funding

    Source:TechCrunch AI

Reports and discussion timeline

Browse reports and discussion by time. Their evidence levels remain distinct.

Oct 22

  1. TechCrunch AI

    Blacksmith Raises $66M Series C Led by Sequoia at a $1B Valuation, Joining the Unicorn Ranks

    Blacksmith has closed a $66 million Series C round led by Sequoia at a $1 billion valuation. The platform, which helps companies build and test software more efficiently (including AI-generated code), says its annual recurring revenue has grown 17x, it has run more than 90 million CI jobs, and its customers include Mercury and Granola. Two months ago it raised a $45 million Series B at a $550 million valuation, bringing total funding to $125 million.

Related stories

  1. Related storiesMeta releases open-weight model Muse Spark Open
  2. Related storiesRecursive releases open-weight local coding model Flint
  3. Related storiesNVIDIA launches DSX POD modular AI factory reference design
  4. Related storiesOpenAI says its models helped discover critical PHP security vulnerabilities