BLACKSMITH HITS $1B VALUATION AS AI-GENERATED CODE DRIVES CI DEMAND

Summary from the TLDR IT newsletter

Blacksmith raised $66 million in a Sequoia-led Series C, reaching a $1 billion valuation just two months after its previous funding round. The continuous integration platform has grown annual recurring revenue 17-fold as AI coding agents generate increasing volumes of software that require automated building, testing, and validation.