Blacksmith hits $1 billion valuation after $66 million Series C led by Sequoia

The code-testing startup nearly doubled its valuation in about two months as AI-generated code floods developer pipelines Blacksmith, a startup that runs the machinery companies use to test their code before release, is now worth $1 billion. The new mark comes from a $66 million Series C round led by Sequoia Capital. According to Fortune, the round lands about two months after Blacksmith raised a $45 million Series B at a $550 million valuation. The Series C pushes Blacksmith’s total funding to about $124.5 million, according to Fortune. Separate research findings put the exact Series C amount at approximately $66.26 million. Sequoia led this round. The earlier Series B was led by Peak XV Partners, with GV (formerly Google Ventures) and Y Combinator also participating.

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