CodeRabbit has filed a notice of an exempt offering of securities to raise $68,401,362.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, CodeRabbit is raising up to $68,401,362.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About CodeRabbit
CodeRabbit is an advanced AI-powered code review platform designed to streamline and enhance the quality of code reviews across development workflows. The company’s platform offers context-aware, line-by-line analysis, configurable review instructions, and conversational assistance, enabling software teams to detect issues, reduce manual effort, and deliver reliable applications more quickly. CodeRabbit integrates seamlessly with major Git platforms like GitHub and GitLab, providing continuous, incremental reviews for each commit within a pull request. It leverages machine learning algorithms to analyze code, identify potential issues, and suggest improvements based on best practices and coding standards, going beyond traditional linting and static analysis tools. As a rapidly growing company, CodeRabbit has achieved significant traction, becoming one of the most installed AI applications on GitHub and GitLab, having processed over 10 million pull requests across 1 million repositories. The company is committed to transforming code quality, security, and developer productivity with AI, offering various pricing plans including a free tier for open-source projects.
To learn more about CodeRabbit, visit https://www.coderabbit.ai/
CodeRabbit Linkedin Page: https://www.linkedin.com/company/coderabbitai/
Contact:
Harjot Gill, Chief Executive Officer
888-247-5357
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