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Blacksmith reaches $1B valuation with $66M Sequoia-led Series C

Blacksmith, which builds continuous integration tools for testing software including AI-generated code, raised a $66 million Series C led by Sequoia Capital at a $1 billion valuation, the company announced Wednesday. CEO Aditya Jayaprakash said annual recurring revenue has grown 17-fold and the platform has run over 90 million CI jobs, with customers including Mercury and Granola.