Menlo Ventures Leads $100 Million Round in Semgrep

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4354998-1&amp&semi;h&equals;1066985712&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fsemgrep&period;dev&percnt;2F&amp&semi;a&equals;Semgrep" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Semgrep<&sol;a><&sol;u>&comma; operator of an Application Security platform&comma; has landed <span class&equals;"xn-money">&dollar;100 million<&sol;span> in Series D funding led by <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4354998-1&amp&semi;h&equals;2035118688&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fmenlovc&period;com&percnt;2F&amp&semi;a&equals;Menlo&plus;Ventures" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Menlo Ventures<&sol;a><&sol;u>&period; With added participation from existing investors including <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4354998-1&amp&semi;h&equals;1613192792&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;felicis&period;com&percnt;2F&amp&semi;a&equals;Felicis&plus;Ventures" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Felicis Ventures<&sol;a><&sol;u>&comma; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4354998-1&amp&semi;h&equals;668360131&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;harpoon&period;vc&percnt;2F&amp&semi;a&equals;Harpoon&plus;Ventures" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Harpoon Ventures<&sol;a><&sol;u>&comma; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4354998-1&amp&semi;h&equals;3474838258&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Flsvp&period;com&percnt;2F&amp&semi;a&equals;Lightspeed&plus;Venture&plus;Partners" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Lightspeed Venture Partners<&sol;a><&sol;u>&comma; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4354998-1&amp&semi;h&equals;1828971253&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;redpoint&period;com&percnt;2F&amp&semi;a&equals;Redpoint&plus;Ventures" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Redpoint Ventures<&sol;a><&sol;u>&comma; and <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4354998-1&amp&semi;h&equals;2521960562&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;sequoiacap&period;com&percnt;2F&amp&semi;a&equals;Sequoia&plus;Capital&percnt;2C" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Sequoia Capital&comma;<&sol;a><&sol;u> this round brings the company&&num;8217&semi;s total funding to <span class&equals;"xn-money">&dollar;204 million<&sol;span> to date&period;<&sol;p>&NewLine;<p>Customers and security leaders tell Semgrep current code scanners are noisy and low efficacy&comma; slow developers down&comma; and are difficult to operationalize&period; Simultaneously&comma; organizations face mounting pressure to secure increasingly complex codebases while maintaining rapid development cycles&period; Semgrep&&num;8217&semi;s AppSec Platform enables developers and security engineers to establish <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4354998-1&amp&semi;h&equals;3390428159&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fsemgrep&period;dev&percnt;2Fsolutions&percnt;2Fsecure-guardrails&percnt;2F&amp&semi;a&equals;Secure&plus;Guardrails&percnt;2C" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Secure Guardrails&comma;<&sol;a><&sol;u> transitioning from traditional risk management to proactive security engineering&period; Semgrep is building the world&&num;8217&semi;s best autonomous code security platform in three key ways&colon;<&sol;p>&NewLine;<ul >&NewLine;<li>Delivering market-leading signal-to-noise ratio and prioritization&semi;<&sol;li>&NewLine;<li>Product choices that keep developer productivity high and perception of security positive&semi; and<&sol;li>&NewLine;<li>Enabling an effective AppSec program at an affordable price&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>&&num;8220&semi;The era of AI for security is here&comma; and Semgrep is uniquely positioned to help organizations secure their code without sacrificing development velocity&comma;&&num;8221&semi; said <span class&equals;"xn-person">Isaac Evans<&sol;span>&comma; CEO at Semgrep&period; &&num;8220&semi;With the Semgrep platform&comma; you can build an Appsec program with cost-effectiveness&comma; security&comma; and development speed&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;AI is having a profound impact on all areas of technology&period; Semgrep&&num;8217&semi;s approach to autonomous code security is a perfect example and represents the future of application security&comma;&&num;8221&semi; said <span class&equals;"xn-person">Matt Murphy<&sol;span>&comma; Partner at Menlo Ventures and new Board Member of Semgrep&period; &&num;8220&semi;Semgrep&&num;8217&semi;s unique combination of AI capabilities and deep security expertise solidifies them as the leader in this increasingly critical market&period;&&num;8221&semi;<&sol;p>&NewLine;<p><b><&sol;b>Security teams are overwhelmed with the volume of code they have to secure&period; Launched just two weeks ago&comma; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4354998-1&amp&semi;h&equals;2060641145&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fsemgrep&period;dev&percnt;2Fproducts&percnt;2Fsemgrep-code&percnt;2Fassistant&percnt;2F&amp&semi;a&equals;Semgrep&plus;Assistant&plus;" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Semgrep Assistant <&sol;a><&sol;u>learns your organization&&num;8217&semi;s software development life cycle&comma; automatically finds&comma; triages&comma; prioritizes&comma; and fixes the most important security issues as an agentic AppSec engineer&period; Through its LLM-powered platform&comma; Semgrep automatically converts identified security bugs into secure guardrails&comma; enabling developers to write more secure code without sacrificing speed&period;<&sol;p>&NewLine;

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