Cognition Hits $48B Valuation as Devin Nears $900M Run-Rate Revenue

The maker of the Devin coding agent raised $2B at a $48B valuation — nearly doubling from $26B in May.

Cognition, the company behind the Devin coding agent, raised $2 billion at a $48 billion valuation, according to @FadyEid. That is nearly double the $26 billion valuation it carried in May, an aggressive markup even by the standards of the current agent boom.

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