Cognition Raises Over $1 Billion At A $26 Billion Valuation As Devin Adoption Accelerates Across Enterprises
By Amit Chowdhry ● Today at 9:36 AM
Cognition announced that it has raised more than $1 billion at a $26 billion valuation in a funding round led by Lux Capital, General Catalyst, and 8VC. Existing investors participating in the round include Founders Fund, Elad Gil, Alpha Wave, Definition Capital, Positive Sum, Avenir, Vitruvian, Bain Capital Ventures, Conversion Capital, 137 Ventures, Soma Capital, and Omri Casspi. New investors include Ribbit Capital, Atreides, and Layer Global.