This will easily be confused with Graphite the monitoring tool
Honestly, whenever someone chooses a name, a comment like this comes up. It's inane. Every possible common english word is already used for some other software product in existence, even if it has a small user base.
Holding up the ideal that no name clashes should ever occur in software is even far more restrictive than actual trademark law.
https://en.wikipedia.org/wiki/Graphite_(software)
http://ashlar.com/2d-3d-drafting/2d-3d-cad-graphite.html
https://en.wikipedia.org/wiki/Graphite_(SIL)
http://alice.loria.fr/index.php?option=com_content&view=arti...
http://www.samsontech.com/support/samson/products/graphite49...
...