Blacksmith Raises $66M Series C Led by Sequoia at $1B Valuation

2.7 · 10d ago · US · TECH

The Facts

  • Blacksmith announced a $66 million Series C funding round led by Sequoia, valuing the company at $1 billion. TechCrunch only
  • Blacksmith's annual recurring revenue has grown 17x, and it has run over 90 million CI jobs, according to the company. TechCrunch only
  • The Series C comes two months after a $45 million Series B that valued the company at $550 million. TechCrunch only
  • A year ago Blacksmith was valued at $60 million after a $10 million Series A. TechCrunch only
  • Blacksmith has raised $125 million to date; customers include Mercury and Granola. TechCrunch only
Dive deeper · 1 more factShow less
  • Blacksmith provides a platform for building and testing software, including AI-written code, and CEO Aditya Jayaprakash said the company aims to make continuous integration (CI) less painful. TechCrunch only

Context

Blacksmith, a platform for building and testing software including code written by AI, announced the round on Wednesday. CEO Aditya Jayaprakash said in a blog post that many companies struggle to keep up with the volume of CI they need to run as AI writes more code.

How the Agent Panel Scored This

Independent AI personas each scored importance 1–10; the story's score is a trimmed mean (highest and lowest votes dropped). Vote spread: 1.

3 News Editor A single startup funding round for a niche developer-tools company is a concrete event but affects few people beyond its investors, customers, and competitors, making it minor business news.
3 Business Analyst This is a private startup funding round for a niche developer-tools company with one source, a concrete but limited-impact event with no broad market or regulatory consequence.
2 Informed Citizen This is a private startup funding round for a niche developer-tools company with limited direct impact on ordinary people, so it is minor business news.

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