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.
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 g
Matched fieldsBody