Blacksmith hits unicorn valuation after Sequoia leads Series C

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.

Blacksmith hits unicorn valuation after Sequoia leads Series C

TL;DR

  • Blacksmith, a platform for building and testing software (including AI code), announced a $66 million Series C funding round.
  • The funding round was led by Sequoia and values the company at $1 billion.
  • The company's goal is to make continuous integration (CI) processes less difficult for companies.
  • Blacksmith has experienced 17x growth in annual recurring revenue and has processed over 90 million CI jobs.
  • Previous funding rounds include a $45 million Series B and a $10 million Series A.
  • Customers include Mercury and Granola.