Blacksmith completed a Series C financing of 66 million dollars with a valuation of 1 billion dollars, led by Sequoia Capital

The software build and testing platform Blacksmith announced the completion of a $66 million Series C financing round, led by Sequoia Capital, with a valuation reaching $1 billion, officially entering the unicorn ranks.

The company focuses on continuous integration (CI) and AI-generated code verification, with annual recurring revenue growing 17 times, and has executed over 90 million automated code checks cumulatively. Two months ago, the company completed a $45 million Series B financing round, with a valuation of $550 million, bringing the total financing amount to $125 million.