CodeRabbit raises a $143M Series C at a $1.5B valuation
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Re: CodeRabbit raises a $143M Series C at a $1.5B valuation
#2Congrats to the CodeRabbit team. Key points:
1. GitHub is on pace for 14x more commits this year, and at companies in the 90th percentile of coding-agent adoption, agents now open 35% of PRs. The backlog has moved from tickets to PRs.
2. Diff-centric PR review breaks down at agent scale. Reviewing a 3,000-line agent PR line by line needs a whole new way of explainig what the agent wrote.
3. $10M committed over the next 12 months to keep AI code review free for open source projects and maintainers.