Cognition valued at $10.2 billion two months after Windsurf purchase

Cognition, Artificial Intelligence attempt that bought Windsurf in July, in question On Monday, he closed a funding round of $ 400 million at a valuation of $ 10.2 billion, including fresh capital.

Cognition, the developer of a AI software engineer named Devin, was pushed to the spotlight after leaving the founders and best researchers of this initiative to participate when he jumped to buy Windsurf two months ago. Google.

Windsurf had negotiations with Openai about a purchase of millions of dollars, but these talks were torn and led to a Google agreement, which made a payment of $ 2.4 billion for licensing fees and compensation from the search giant.

“We will continue to invest in both Devin and Windsurf significantly, and our customers see how strong the combination is.” Blog post.

The agreement is involved in a handful of other AI initiatives, most importantly, Openai and Anthropic, by putting their cognition into a $ 10 billion club. Last week, Bret Taylor’s AI initiative sierra collected $ 350 million with a 10 billion dollars.

Peter Thiel’s Founders Fund, Lux Capital, 8VC and Bain Capital Ventures, led Cognition’s latest financing tour with additional financing.

Since Wu acquired Windsurf, annual recurrent income or Arr has increased more than twice. He added that growth is also accelerating, because the combined Enterprise Arr increased by more than 30% after purchasing.

Jeff Wang, CEO at Windsurf after the founders went to Google, wrote on Monday that customers will benefit from the close link between the products of companies in a LinkedIn broadcast.

Wang said, “There was quite a lot of events last few months, and now it’s time to show what we’re doing.”

WRISTWATCH: Google closes Windsurf CEO after the Openai agreement is solved