Blacksmith Raises $45 Million for Faster Code Testing

Blacksmith just raised 45 million dollars in its latest funding round. The startup is now valued at 550 million dollars. Major investors like Peak XV Partners and Y Combinator led the deal.
The company built special hardware to run software tests faster. Their goal is to fix the slowdowns caused by modern coding tools. Developers are using AI to write code quickly, but checking that code remains a slow process.
This new money will help the team scale their operations. They want to make sure software builds stay fast even as AI writes more of the work. The founders say their investors are doubling down on this vision.
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