Peak XV-Backed AI Startup Blacksmith Nets $66 Mn At A Unicorn Valuation
India, Oct. 21 -- San Francisco-based AI code testing startup Blacksmith has raised $66 Mn in a Series C funding round led by Sequoia Capital, bringing its total funding raised till date to $125 Mn. Premji Invest and existing investors Peak XV Partners, Google Ventures, and Y Combinator also participated in the round.
The startup raised the fresh capital at an unicorn valuation of $1 Bn, doubling in just over two months. It was valued at $550 Mn when Peak XV led its $45 Mn Series B funding round in August.
In a statement, the startup shared plans to bolster its compute infrastructure and expand its technical engineering team. It says that it currently manages nearly 10 MW of compute footprint across data centers in the United States and...
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