Graphite Secures $52 Million in Series B Funding for AI Code Review Platform

Graphite, an AI-driven code review startup, has launched a standalone product called Diamond, evolving from its earlier AI tool, Graphite Reviewer. Diamond is designed to enhance the code review process by providing high-quality, immediate feedback on pull requests, identifying issues such as bugs, logic errors, and style inconsistencies, while also offering customizable rules for teams. The platform's recent $52 million Series B funding round, led by Accel and supported by various venture capital firms including Menlo Ventures and Shopify Ventures, will help further develop its AI capabilities. Diamond utilizes large language models from Anthropic and OpenAI to automate code reviews and suggest actionable changes, making it a competitive player in the growing market of AI coding assistants. Despite the advancements, Graphite's leadership emphasizes that AI will not replace human reviewers, highlighting the need for human oversight in the code review process. The AI coding assistant sector is rapidly expanding, with significant investment interest as companies seek to improve coding efficiency and quality.