CodeRabbit, a company that automates code review processes using artificial intelligence, has announced the completion of a $16 million Series A funding round. The round was led by venture capital firm CRV, with participation from Flex Capital and Engineering Capital. CodeRabbit's co-founder and CEO, Harjot Gill, stated that the platform leverages advanced AI reasoning to understand code intentions and provide human-like feedback, aiming to significantly reduce the manual effort involved in code review.