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Funding Alert|Blacksmith Raises $66M Series C, Doubling Its Valuation to $1B in Two Months

Blacksmith raised a $66M Series C led by Sequoia Capital at a $1B valuation, just two months after its last round. The signal: as Cursor, Claude, and Codex make writing code "extremely easy," the bottleneck has shifted to validating it — Blacksmith's ARR grew 17x in a year and its CI job volume grew 18x, proof that this new bottleneck is already being priced.