Blacksmith hits unicorn valuation after Sequoia leads Series C | TechCrunch

The short version

Blacksmith secures $66 million in Series C funding led by Sequoia, achieving a $1 billion valuation as it expands its AI-driven code testing platform.

Key takeaways

• Blacksmith raised $66 million in Series C funding.
• The company's valuation reached $1 billion.
• It has seen a 17x growth in annual recurring revenue.
• Blacksmith has completed over 90 million CI jobs.

Overall sentiment

The funding news and valuation increase indicate strong market potential and confidence in Blacksmith.

AI classification of the article’s tone. Coverage is limited to the funding announcement and Blacksmith's valuation milestones.

Sources cited by the article

• announced Wednesday ↗
• $66 million Series C ↗
• comes just two months ↗
• Blacksmith ↗
• unicorn ↗
• Venture ↗
• Register Now ↗
• Kirsten Korosec ↗
• Legal AI startup Legora raises $550M Series E at $8.8B valuation ↗

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