[AI Code Testing Takes Off: Blacksmith's Valuation Grows Nearly 10x in Less Than a Year] According to monitoring by Beating, AI code testing company Blacksmith has completed a $45 million Series B funding round, bringing its valuation to $550 million. The round was led by Peak XV Partners, with continued participation from GV and Y Combinator. Less than a year ago, Blacksmith's valuation during its previous funding round was only $60 million. This marks an increase of nearly 10x. The company's customer base has also grown from over 700 to more than 5,000. Originally, Blacksmith primarily helped developers accelerate code building and testing. Now, it has also launched the Codesmith Agent, which can automatically fix code that fails testing. As AI continues to write code faster, testing and validation are becoming the new bottleneck. [Original Link]