FOSTER CITY, CA, Coding platform, Replit, has secured $400 million in Series D funding, valuing the company at $9 billion.
According to AI Insider, AI-powered coding platform Replit has secured $400 million in Series D funding, valuing the company at $9 billion as it accelerates growth in AI-driven software development tools. The funding round was led by Georgian Partners, with participation from G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures.
Founder and CEO Amjad Masad confirmed that the round also included high-profile angel investors Shaquille O'Neal and Jared Leto. The new financing follows a $250 million round in September, when the company reached a valuation of $3 billion and reported it was approaching $150 million in annualized revenue.
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