Semgrep has raised a $53M Series C funding round to help developers find security flaws in their code.
The platform is used by companies such as Shopify, Snowflake, and Dropbox.
- Semgrep
can determine whether a piece of code contains known vulnerabilities,
such as those tracked in the CVE cybersecurity database.
- It’s also capable of checking an application’s susceptibility to common hacking tactics.
- Semgrep
claims that by using its product, developers can transparently view the
rules that alerted the vulnerabilities and make sense of them.
- The company claims that it saw 750% YoY user growth in 2022.
- Lightspeed
Venture Partners led the funding round, with participation from Felicis
Ventures, Redpoint Ventures, and Sequoia Capital.