AI code review startup CodeRabbit completes $143 million Series A financing, valuation reaches $1.5 billion
Source:
www.bloomberg.com
Event types:
Online/Update
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Regulation/Compliance
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Financing/Fundraising
According to Bloomberg, AI-driven code review service company CodeRabbit Inc. has completed a new $143 million financing round. The round was jointly led by Atomico and Smash Capital, with participation from BMW i Ventures and Datadog Inc., and continued support from existing shareholder Nvidia. Following this round, CodeRabbit's valuation reached $1.5 billion, with total cumulative financing exceeding $200 million. CodeRabbit focuses on providing defect identification and review services for AI-generated code. With the widespread adoption of AI programming tools, market demand for code quality assurance tools continues to grow.