Cloud Developer Platform Replit Raises $97.4M At $1.16B Valuation To Further Its Lead In Ai Development And Continue Its Exponential Growth
Cloud Developer Platform Replit Raises $97.4M At $1.16B Valuation To Further Its Lead In Ai Development And Continue Its Exponential Growth
04/25/23, 4:09 PM
Location
san franciscoMoney raised
$97.4 million
Industry
information technology
Investors
Coatue, Andreessen Horowitz
Replit, the world's fastest-growing developer platform and creator of Ghostwriter, the generative AI for software development, announced the close of its $97.4 million financing round at a $1.16 billion post-money valuation. Replit will use the new funds to innovate on its core development experience, expand its cloud services for developers, and drive innovation in AI and LLMs through Ghostwriter.
Company Info
Location
san francisco, california, united states
Additional Info
As the fastest-growing software development platform globally, Replit is home to over 22 million developers. Replit enables developers to quickly set up any development environment and release fully functional live apps in seconds, from anywhere on any device, with the power of AI.