From the source
You can find the original press release here .
Replit is Building the Best Cloud and AI Development Experience for Software Creators 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.
Investor Participation and Funding Details Andreessen Horowitz's Growth Fund led the round.
Others participating include Khosla Ventures, Coatue, SV Angel, Y Combinator, Bloomberg Beta, Naval Ravikant, ARK Ventures (Cathie Woods), and Hamilton Helmer, the author of ground-breaking “7 Powers.”
Previously-invested SAFEs converted in this round, including those of over 2,500 Replit community members in a Wefunder crowdfunding in 2022.
Founder and CEO Statement Replit founder and CEO Amjad Masad says, "We are relentless in our mission to empower a billion software developers.
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