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Continuous integration cloud service provider Blacksmith Software Inc. has completed a $66 million Series C funding round, reaching a company valuation of $1 billion. The round was led by Sequoia Capital, with participation from Peak XV Partners, Y Combinator, and GV, bringing the company's cumulative funding to $125 million. Blacksmith provides CI cloud services using its own servers, and is currently used by more than 10,000 enterprises; weekly code checks have grown from about 5 million in early 2026 to about 90 million, while annual recurring revenue grew 17-fold over the same period. CEO Aditya Jayaprakash said that AI coding tools have made writing code easy, and the bottleneck has shifted to code verification; the funds from this round will mainly be used to purchase servers to expand the global CI cloud, and to grow the team from about 40 people to 75 by the end of the year.
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Code testing startup Blacksmith raises $66 million Series C at a $1 billion valuationDevelopments
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Oct 22
SiliconANGLE
Code testing startup Blacksmith raises $66 million Series C at a $1 billion valuation
Continuous integration cloud service provider Blacksmith has raised a $66 million Series C round led by Sequoia Capital, with participation from Peak XV Partners, Y Combinator and GV, at a company valuation of $1 billion, bringing total funding to $125 million. The company offers CI cloud services on its own servers; more than 10,000 enterprises currently use it, and weekly code checks have grown from about 5 million in early 2026 to about 90 million, while annual recurring revenue grew 17-fold over the same period. CEO Aditya Jayaprakash said AI coding tools have made writing code easy and the bottleneck has shifted to code verification; this round's funds will mainly be used to buy servers to expand the global CI cloud and to grow the team from about 40 people to 75 by the end of the year.
Oct 21
Fortune AI
AI code testing startup Blacksmith reaches $1 billion valuation as AI-generated code surges
AI code testing infrastructure startup Blacksmith has reached a $1 billion valuation following a $66 million Series C funding round led by Sequoia Capital, just about two months after its $45 million Series B round. More than 10,000 companies currently use Blacksmith's platform, which runs 90 million verification checks per week, up from 5 million at the start of the year, while annual recurring revenue grew 17-fold over the same period. CEO Aditya Jayaprakash said most of the new funding will go toward purchasing more compute, and the company plans to grow its staff from about 40 to about 75 by the end of the year.