AI code-testing startup Blacksmith raises $66 M Series C from Sequoia, valuation hits $1 B
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| Source: Techmeme | Original article
AI code-testing startup Blacksmith secured a $66 million Series C round led by Sequoia Capital, valuing the company at $1 billion, up from $550 million after its August Series B.
AI code‑testing specialist Blacksmith announced a $66 million Series C round on Tuesday, led by Sequoia Capital. The financing lifts the company’s valuation to $1 billion, more than double the $550 million mark it reached after a $45 million Series B in August. Blacksmith builds the infrastructure that lets software teams run automated tests on new code before it ships, using AI to speed up detection of bugs and performance regressions.
The new capital underscores growing investor confidence in AI‑driven developer tools, a segment that promises to cut development cycles and reduce costly post‑release fixes. By scaling its testing platform, Blacksmith aims to capture a larger share of the enterprise market where continuous integration and delivery pipelines are becoming standard. The valuation jump also signals that venture firms see a strategic advantage in owning the testing layer of the software stack, an area traditionally dominated by legacy tools.
Going forward, Blacksmith’s next milestones will likely involve expanding its customer base, rolling out new AI features that automate more complex test scenarios, and possibly integrating with major cloud and CI/CD providers. Observers will watch whether the company can translate its funding into broader adoption and maintain its rapid growth trajectory in a competitive developer‑tool landscape.
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