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Venture Capital News: Blitzy Inks $200M Financing

2026-05-11
CAMBRIDGE, MA, Blitzy, the autonomous software development platform, announced a $200 million funding round led by Northzone, at a $1.4 billion valuation.
Blitzy, the autonomous software development platform, announced a $200 million funding round at a $1.4 billion valuation. The round was led by Northzone, with new investors including PSG, Battery Ventures, Jump Capital, Morgan Creek Digital, and Defiant and continued support from existing investors including Flybridge, Link Ventures, NFX, Picus Capital, and Venture Guides along with strategic investments from Liberty Mutual Strategic Ventures, Erie Strategic Ventures, and BAL Ventures. Already adopted across dozens of Global 2000 enterprises, Blitzy is the most powerful autonomous software development platform according to independent benchmarks like SWE-Bench Pro, in which the company achieved a record-breaking score of 66.5%, surpassing the latest releases from other major incumbents.
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