Sequoia Leads $66 Million Series C Valuing Blacksmith at $1 Billion
Summary
Blacksmith raises a $66 million Series C led by Sequoia at a $1 billion valuation. CEO Aditya Jayaprakash said the platform makes continuous integration less painful as AI agents write more code. Blacksmith reports 17x annual recurring revenue growth and 90 million CI jobs run; customers include Mercury and Granola.
Key Points
- The Series C follows a $45 million Series B closed two months earlier that valued Blacksmith at $550 million.
- Blacksmith has raised $125 million to date, including a $10 million Series A when it was valued at $60 million.
- CEO Aditya Jayaprakash wrote that as agents write more software, "the question that matters is whether it can be trusted."