@annarmitchell@ryanbai1412@cognition What’s not shown is the 100 person slack channel coordinating this stunt across offices in 3 continents, to surprise one person. Love this team
We've raised $1B at a $26B valuation
@cognition is firing on all cylinders, and we are constantly building the future of software engineering. Things are moving so fast that you might have missed some of our latest developments:
-Having an interface that easily manages agents running in parallel
-Choosing the right model for the task, both in accuracy and cost efficiency
-Listening to slack or other data streams and automatically triaging
-Using auto-fix, bug catcher, and Devin Review to add more layers of security to your SDLC
-Having agents automatically fix issues like bugs and vulnerabilities
The secret isn't just the models, it's a robust infra platform that enables your org to scale to thousands of agents in the cloud, constantly running and accelerating your roadmap while automatically taking care of tech debt and other issues.
It's also a team that gives you outcomes, not dev tools. We work closely with your team on figuring out the biggest problems and solving them together. We genuinely want to help you with your AI transformation in a world where AI form factors change every 3-6 months.
I'm so proud of the team here, and grateful to be along for the journey. We have many more announcements to come but we can celebrate today's milestone
What I love about Cognition is that I'm outside of the Silicon Valley bubble. We work with the organizations that the real world runs on - Citi, Mercedes-Benz, the US Army and Navy. As a marketer, telling the stories of how AI software engineering improves the real world, is really motivating.
1/ We’ve raised over $1B at a $26B valuation, led by @Lux_Capital, @generalcatalyst, and @8vc.
Our enterprise usage has grown >10x since the start of this year, and our run-rate revenue grew to $492 M.
We launched Devin two years ago as the first AI software engineer. Since then, cloud agents have gone from niche to mainstream, and today they are the fastest growing way to create software.
Beau Rothrock had been at @AngelList for two months when he walked into a Redshift-to-Snowflake migration in deep trouble, already two months behind schedule.
He had a 5-week window to migrate all 14,000 dashboards and reports AngelList runs on.
He could've asked for three more engineers and four more months. Instead, he turned to Devin.
Security remediation is an engineering capacity problem. AI has collapsed the time to exploit, but defensive tools haven’t kept up.
Today we’re introducing Devin for Security: a set of workflows for reducing security debt, securing every release, and accelerating response