Articles from Factory

Factory today announced the launch of its Cyber Defense Network, an ecosystem of cybersecurity partners connected to Factory's Security Factory platform. Founding partners include Snyk, Palo Alto Networks, Semgrep, Cogent, Casco, DepthFirst, Detail and others.

Factory, the leader in autonomous software engineering, today announced a partnership with Databricks, the data and AI company. Enterprises can now deploy Factory’s autonomous software agents, called Droids, with data and models they already govern in Databricks. Factory can run on an enterprise’s existing infrastructure, and eligible customers purchase Factory through Databricks Marketplace.

Factory, the global leader in self-improving software development, announced today that Connor Maloney joined as Head of Federal to lead the company’s expansion into the public sector.

Factory, the company behind enterprise AI coding agents known as Droids, today announced that Marcello Gallo has joined as Chief Revenue Officer (CRO).

Factory, the global leader in self-improving software development, announced today that Menlo Ventures has invested in the company, led by Matt Murphy, Managing Partner. Murphy has spent more than two decades investing through major shifts in enterprise technology and has emerged as a leading investor in the AI era. At the outset of the generative AI transformation, he led Menlo’s pre-product investment in Anthropic and has since backed companies reshaping the AI and software development stack. His investment in Factory reflects a shared view of where software development is heading: toward autonomous software engineering that is governable, flexible, and measurable.

Factory, the global leader in self-improving software development, today announced a $200 million financing from Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, Evantic Capital, Sound Ventures, NEA, Mantis VC, Clearlake, and angel investors including Nico Rosberg, Brad Gerstner, and Marc Benioff. The round values the company at $5 billion, over triple its previous valuation of $1.5 billion in April, and brings its total funding to over $400 million. The funding follows rapid enterprise adoption, with Factory now used by hundreds of thousands of developers across global enterprises including Nvidia, Blackstone, Royal Bank of Canada (RBC), Palo Alto Networks, and Adobe.

Factory, the global leader in self-improving software development, announced today that Francesca LaBianca has been named Chief Operating Officer, becoming the company’s first executive to hold the role.

Factory, the creators of enterprise-ready AI coding agents, today announced that Madison Faulkner has joined the company as Head of Strategy. Faulkner, a Partner at New Enterprise Associates (NEA), has worked closely with Factory since joining the Company’s board in conjunction with NEA leading its $50 million Series B. Her move from investor to operator reflects the depth of conviction she developed working alongside the Factory team – and the opportunity she sees ahead. Partner and Head of AI Strategy at NEA, Lila Tretikov, who has worked closely with Factory since NEA’s initial investment, will assume the board seat.

Today Factory is releasing Droids – the best software development agents in the world, after hitting #1 on Terminal Bench (the standard benchmark used by world-class tools like Claude Code and Cursor). Factory is also announcing a $50 million Series B from NEA, Sequoia Capital, NVIDIA, J.P. Morgan, as well as notable angel investors, including Frank Slootman, Nikesh Arora, and Aaron Levie.