Semgrep has raised a $53M Series C funding round to help developers find security flaws in their code.

 

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.


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