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IndustryTechCrunch · AI· Dominic-Madori Davis·· 8 hours ago

Blacksmith reaches a $1 billion valuation after Sequoia leads $66 million Series C

Blacksmith hits unicorn valuation after Sequoia leads Series C

Who
Blacksmith
What
raised a $66 million Series C funding round led by Sequoia, valuing the company at $1 billion
When

What happened

Blacksmith announced a $66 million Series C led by Sequoia, valuing the software build-and-test platform at $1 billion. CEO Aditya Jayaprakash said the company aims to make continuous integration less painful as companies struggle to keep up with the volume of CI needed, especially as more code is written by AI. Blacksmith said its annual recurring revenue has grown 17x and that it has run over 90 million CI jobs.

The story so far

Blacksmith raised $66 million in a Series C round led by Sequoia, valuing the software build-and-test platform at $1 billion. The platform helps companies build and test software, including AI-written code. CEO Aditya Jayaprakash said Blacksmith aims to make continuous integration less painful as companies struggle to handle growing demand for CI, especially as AI produces more code. Blacksmith said its annual recurring revenue has grown 17x and that it has run more than 90 million CI jobs.

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