Blacksmith, a platform focused on improving the efficiency of software development and testing, particularly for AI-generated code, has secured $66 million in Series C funding. This round, led by Sequoia, values the company at $1 billion, achieving unicorn status. The funding will support Blacksmith's mission to streamline continuous integration processes, which are becoming increasingly strained by the volume of AI-generated code. The company reports significant growth, with annual recurring revenue increasing 17x and over 90 million CI jobs completed. AI
IMPACT Accelerates the adoption of AI in software development by providing tools to manage and trust AI-generated code.
RANK_REASON Significant funding round for an AI-adjacent company reaching unicorn valuation.
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