Factory Raises $50M Series B
17 hours ago
- #Series B
- #Enterprise Software
- #AI Development
- Factory raised $50M in Series B funding at a $300M valuation, led by NEA, Sequoia Capital, J.P. Morgan, Nvidia, and other industry leaders.
- Droids, Factory's software development agents, are ranked #1 on Terminal Bench, outperforming competitors even with sub-frontier models.
- Droids are versatile, working with any model, in any interface (CLI, IDE, Slack, Linear, Browser), offering developers flexibility and choice.
- Factory's platform is used by enterprises like MongoDB, EY, and Zapier, delivering significant improvements in feature delivery, migration times, and on-call resolution.
- The team at Factory is focused on building the best developer experience and achieving real business outcomes, seeking relentless and obsessed builders to join them.