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Semgrep (Formerly R2C) Lands $53M Investment To Grow Code Security Platform

Apr 18, 2023over 2 years ago

Amount Raised

$53 Million

San Francisco

Investors

Sequoia CapitalRedpoint VenturesFelicis VenturesLightspeed Venture Partners

Description

Ideally, when it comes to building secure applications, it’s best to check the code as it moves through the development process, so that vulnerabilities can be found before it gets into production. That’s exactly the kind of solution that Semgrep, formerly r2c, a San Francisco startup, has been building over the last five years.

Company Information

Company

Semgrep

Location

San Francisco, California, United States

About

We’re Semgrep, a software security company. Our mission is to profoundly improve software security and reliability to safeguard human progress. We maintain Semgrep, a tool to find bugs and reachable dependency vulnerabilities in code. Semgrep lets you enforce your code standards on every commit. With 2,000+ existing rules and simple-to-create custom ones, it finds the bugs that matter. Semgrep can run anywhere: in CI, your editor, or the command-line. Plus, with dedicated infrastructure from r2c, it’s easy to deploy, manage, and monitor Semgrep at scale.

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Funding Insights

Based on industry data
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