Lowenstein Sandler represented Northzone as lead investor in a $200 million funding round for Blitzy, an autonomous software development platform, bringing the company’s valuation to $1.4 billion. Blitzy intends to use the financing to expand its research team to continue pushing boundaries of autonomous software development and scale go-to-market functions, as well as scale its partnership ecosystem with new and existing customers, focusing on regulated industries like government, financial services, and insurance.
The Lowenstein team included Ed Zimmerman, Carl J. Hessler, Jeffrey C. Story, and Christina Nadeau Erickson.
