AI code review platform CodeRabbit valued at $1.5 billion in latest funding round

AI code review startup CodeRabbit said on Wednesday it had raised $143 million in a funding round that valued it at $1.5 billion.

The ​round was co-led by Atomico and Smash Capital, with participation from new investors including BMW i Ventures, Datadog and Hirtle Callaghan.

Investors were betting that ‌the rapid ⁠adoption of ⁠AI coding tools and vibe coding would increase demand for software monitoring and code fixes as firms grappled with a surge in AI-generated code.

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