[AI Code Testing Company Blacksmith Secures $66 Million in Series C Funding, Valuation Reaches $1 Billion] According to TechCrunch, software development and testing platform Blacksmith has announced the completion of a $66 million Series C funding round, led by Sequoia Capital, bringing its valuation to $1 billion and officially entering the ranks of unicorn companies. The company focuses on continuous integration (CI) and AI-generated code validation, with annual recurring revenue growing 17-fold and over 90 million automated code checks executed to date. Two months ago, the company completed a $45 million Series B funding round, with a valuation of $550 million. Its total funding now stands at $125 million.