Factory, a three-year-old AI coding startup, reaches $1.5 billion valuation after securing $150 million Series B funding led by Khosla Ventures

Factory raised $150 million in Series B funding to develop AI coding solutions targeting enterprise customers

The funding round, led by Khosla Ventures, values the startup at $1.5 billion

Factory is a three-year-old startup focused on building AI tools for enterprise software development

The capital will support the company's expansion in the competitive AI coding assistant market