Blacksmith Raises $66 Million as Valuation Reaches $1 Billion
Photo: TokenPost
Blacksmith raised $66 million in a Sequoia Capital-led Series C at a $1 billion valuation, giving the software testing company funding to expand after a sharp rise in automated build-and-test work. Blacksmith announced the financing Oct. 21. Premji Invest and existing investors Peak XV Partners, GV and Y Combinator also participated, bringing the company’s total funding to $125 million. Blacksmith provides computing capacity for continuous integration, or CI. Developers use the automated process to build and test code changes before merging them into a software project.
Source: TokenPost
