Raising $97.4M at $1.16B Valuation to Expand our Cloud Services and Lead in AI Development
Replit has secured $97.4 million in a funding round that values the company at $1.16 billion. The funds will be used to enhance its cloud development environment, expand cloud services for developers, and further develop its AI coding assistant, Ghostwriter. The company has seen significant growth, reaching 22.5 million developers and facilitating the creation of 235 million projects. AI
IMPACT Accelerates development of AI coding assistants and cloud infrastructure for developers.