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DepthFirst raises $80m in a Series B funding round led by Meritech Capital, enhancing its focus on securing software infrastructure.

PRIVATEJul 10, 2026about 1 month ago

Amount Raised

$80 Million

Round Type

Series B

San FranciscoInformation TechnologySoftwareArtificial Intelligence

Investors

Mantis VcAlt CapitalLiquid 2 VenturesBox GroupAccelThe House FundForerunner VenturesMeritech Capital

Description

DepthFirst, an applied AI lab, has raised $80m in a Series B funding round. The round was led by Meritech Capital, with participation from various other investors. This funding comes shortly after a $40m Series A round, totaling $120m raised. The company focuses on securing software infrastructure, aligning with current industry priorities.

Company Information

Company

depthfirst

Location

San Francisco, California, United States

About

Depthfirst is an AI-native security platform that understands your code, business logic, and infrastructure to find real vulnerabilities, slash false positives, and give developers actionable fixes in their workflow. We believe that software is the foundation of modern civilization, yet vulnerabilities threaten its integrity, security, and resilience. We firmly believe that the number of exploits will significantly increase with the rapid proliferation of AI.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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