What is Semgrep?
Semgrep is a leading provider of static analysis security testing (SAST) solutions, designed to empower developers to write secure code without sacrificing velocity. Founded by Drew Dennison, Isaac Evans, and Luke O'Malley, the company evolved from an open-source project into a comprehensive security platform. Its technology is currently utilized by industry leaders such as Figma, Dropbox, Slack, and Snowflake, highlighting its efficacy in identifying and mitigating security risks within large-scale software environments. By integrating directly into the development workflow, Semgrep enables teams to catch vulnerabilities early, effectively bridging the gap between security operations and software engineering.
How much funding has Semgrep raised?
Semgrep has raised a total of $193M across 4 funding rounds:
Series A
$13M
Series B
$27M
Series C
$53M
Series D
$100M
Series A (2020): $13M with participation from Sequoia Capital and Redpoint Ventures
Series B (2021): $27M led by Redpoint Ventures, Felicis Ventures, and Sequoia Capital
Series C (2023): $53M supported by Felicis Ventures and Lightspeed Venture Partners
Series D (2025): $100M featuring Harpoon Ventures, Felicis Ventures, Menlo Ventures, Lightspeed Venture Partners, and Redpoint Ventures
Key Investors in Semgrep
Harpoon Ventures
Harpoon Ventures is an investment firm focused on backing bold leaders who are developing mission-critical technologies across various sectors, including AI, deep tech, software infrastructure, and cybersecurity.
Felicis Ventures
Felicis is a Menlo Park-based venture capital firm that raises multistage funds to invest in early and growth-stage technology companies across sectors such as SaaS, AI, fintech, and consumer.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that raises dedicated funds and invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure.
What's next for Semgrep?
With the successful closure of this major enterprise-level funding, Semgrep is poised to enter a new phase of aggressive market expansion and technological innovation. The strategic focus will likely center on deepening its AI-driven security capabilities and enhancing its platform's scalability to meet the demands of global enterprises. As the company continues to mature, the focus will shift toward solidifying its leadership in the DevSecOps space, ensuring that its security solutions remain indispensable for organizations navigating the complexities of modern software infrastructure. The continued support from its investor base provides the necessary resources to sustain this growth trajectory and maintain its competitive edge in the cybersecurity market.
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