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CodeRabbit raises a $16 million Series A to expand its AI-powered code-review platform, with CRV leading the round and Flex Capital and Engineering Capital participating. The company says about 600 organizations pay for its service and that it is piloting with several Fortune 500 companies. It plans to use the funding to expand its sales, marketing and product offerings, strengthen security-vulnerability analysis, deepen Jira and Slack integrations, and establish an office in Bangalore.

Aug 2024 · TechCrunchNews article

CodeRabbit announces a $16 million Series A led by CRV, with participation from Flex Capital, Engineering Capital, and Datadog CEO Olivier Pomel. The company plans to use the funding to expand its product offerings and accelerate hiring across engineering, product, and go-to-market teams. Its AI-powered platform automates pull request reviews across GitHub, GitLab, Bitbucket, and Azure DevOps, serving more than 150,000 repositories and surpassing $1 million in annual recurring revenue.

Aug 2024 · CodeRabbitNews article