CodeRabbit bags $143M to help companies get a grip on the explosion of AI-generated code
CodeRabbit Inc., the creator of a popular tool that automatically reviews artificial intelligence-generated code, is becoming more ambitious after closing on its latest $143 million Series C round of funding.
Alongside the round, it announced the launch of a new Agentic Change Management layer that’s meant to help companies govern, evaluate and prioritize code changes made by both humans and AI agents.
Today’s round was led by Atomico and Smash Capital and saw the participation of a host of new backers, including BMW i Ventures, Datadog Inc., Hirtle Callaghan and SineWave Ventures. Existing investors such as CRV, Scale Venture Partners, Flex Capital and Pelion Venture Partners also piled into the round, as did a number of angel investors, including senior executives from Apple Inc. and Amazon.com Inc.
Until now, CodeRabbit has only offered a fairly straightforward, yet very effective, AI-enabled code review tool that lets developers check the code generated by the AI tools they’re using in real time. Its automated platform uses AI agents to catch syntax errors, logic bugs and security vulnerabilities in freshly generated code the moment it’s created, helping developers to ensure their code meets the highest standards while maintaining the productivity gains associated with “vibe coding.”
