Semgrep (Formerly R2C) Lands $53M Investment To Grow Code Security Platform
Apr 18, 2023•over 2 years ago
Amount Raised
$53 Million
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.
Funding Insights
Based on industry dataVC-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