Tech Company Financing Transactions
CodeRabbit Funding Round
On 8/15/2024, CodeRabbit raised $16 million in Series A financing from CRV, Engineering Capital and Flex Capital.
Transaction Overview
Company Name
Announced On
8/15/2024
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its product offerings and integrations, including enhanced security and vulnerability analysis capabilities, integrations with platforms like Jira and Slack as well as AI-driven analytics and reporting tools to boost developer productivity and code quality.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1212 Broadway Plaze 2100
Walnut Creek, CA 94596
USA
Walnut Creek, CA 94596
USA
Phone
Undisclosed
Website
Email Address
Overview
As developers, we have firsthand experience with the challenges and complexities of ensuring quality in software workflows. Current practices are often slow, inefficient, and expensive. We believe that humans should focus on higher-level reasoning and strategic thinking, while AI serves to supplement and streamline the remaining aspects. Our vision begins with redefining code reviews. We aim to leverage AI to augment every aspect of quality workflows.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Harjot Gill
Co-Founder
Gur Singh
Browse more venture capital transactions:
Prev: 8/15/2024: Kiteworks venture capital transaction
Next: 8/15/2024: Cardea venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs