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ThereAreCatsInTheContract.

2026-05-20 15:24:05

The COBOL migration scenario is very accurate; legacy code is a trillion-dollar pain point.

View Original

MeNews2026-05-20 14:59:18

AI Programming Agency Factory Raises $150 Million in Series C Funding, Valued at $1.5 Billion, Entering Unicorn Status

Factory completes $150 million Series C funding, valuing at $1.5 billion, led by Khosla Ventures, with Sequoia and others participating.
The core product Droid is widely used by enterprise clients such as NVIDIA and Adobe, with revenue doubling in six months, expanding scenarios to COBOL migration, legacy debt cleanup, and more.
The company is model-agnostic and interface-agnostic, launches Missions and Factory Desktop, aims to give software engineering autonomy, and ranks first in leading software development agent benchmark tests.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

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