Google Ventures doubles its investment in development tool startups just four months after seed round Blacksmith

Blacksmith completed a $10 million Series A round led by Google Venture Capital just four months after completing its $3.5 million seed round. The startup uses high-performance gaming-grade CPUs to offer CI/CD services, claiming that it can double its processing speed and reduce computing costs by up to 75%. Since May, Blacksmith has more than 700 customers, with an annual recurring revenue (ARR) of $3.5 million and a team of eight people, with a goal of doubling revenue by the end of the year.