Cognition Announces $1B Funding Round at $25B Valuation as Devin AI Coder Wins Enterprise Market
Cognition, maker of autonomous AI software engineer Devin, has raised more than $1 billion at a $25 billion pre-money valuation — a remarkable jump from the $10.2 billion post-money valuation it carried just eight months ago. The round was led by Lux Capital, General Catalyst, and 8VC, with participation from Founders Fund, Elad Gil, Ribbit Capital, and […]