Semgrep is an open-source platform for scanning code for security, reliability, & other issues. Semgrep’s mission is to profoundly improve software security and reliability by bringing world-class security tools to engineers—software and security alike.
<p><strong><span class="legendSpanClass"><span class="xn-location">SAN FRANCISCO</span></span></strong> &#8212; <u><a href="https://c212.net/c/link/?t=0&;l=en&;o=4354998-1&;h=1066985712&;u=https%3A%2F%2Fsemgrep.dev%2F&;a=Semgrep" target="_blank" rel="nofollow noopener">Semgrep</a></u>, operator of an Application Security platform, has landed <span class="xn-money">$100 million</span> in Series D funding led by <u><a href="https://c212.net/c/link/?t=0&;l=en&;o=4354998-1&;h=2035118688&;u=https%3A%2F%2Fmenlovc.com%2F&;a=Menlo+Ventures" target="_blank" rel="nofollow noopener">Menlo Ventures</a></u>. With added participation from existing investors including <u><a href="https://c212.net/c/link/?t=0&;l=en&;o=4354998-1&;h=1613192792&;u=https%3A%2F%2Fwww.felicis.com%2F&;a=Felicis+Ventures" target="_blank" rel="nofollow noopener">Felicis Ventures</a></u>, <u><a href="https://c212.net/c/link/?t=0&;l=en&;o=4354998-1&;h=668360131&;u=https%3A%2F%2Fwww.harpoon.vc%2F&;a=Harpoon+Ventures" target="_blank" rel="nofollow noopener">Harpoon Ventures</a></u>, <u><a href="https://c212.net/c/link/?t=0&;l=en&;o=4354998-1&;h=3474838258&;u=https%3A%2F%2Flsvp.com%2F&;a=Lightspeed+Venture+Partners" target="_blank" rel="nofollow noopener">Lightspeed Venture Partners</a></u>, <u><a href="https://c212.net/c/link/?t=0&;l=en&;o=4354998-1&;h=1828971253&;u=https%3A%2F%2Fwww.redpoint.com%2F&;a=Redpoint+Ventures" target="_blank" rel="nofollow noopener">Redpoint Ventures</a></u>, and <u><a href="https://c212.net/c/link/?t=0&;l=en&;o=4354998-1&;h=2521960562&;u=https%3A%2F%2Fwww.sequoiacap.com%2F&;a=Sequoia+Capital%2C" target="_blank" rel="nofollow noopener">Sequoia Capital,</a></u> this round brings the company&#8217;s total funding to <span class="xn-money">$204 million</span> to date.</p>
<p>Customers and security leaders tell Semgrep current code scanners are noisy and low efficacy, slow developers down, and are difficult to operationalize. Simultaneously, organizations face mounting pressure to secure increasingly complex codebases while maintaining rapid development cycles. Semgrep&#8217;s AppSec Platform enables developers and security engineers to establish <u><a href="https://c212.net/c/link/?t=0&;l=en&;o=4354998-1&;h=3390428159&;u=https%3A%2F%2Fsemgrep.dev%2Fsolutions%2Fsecure-guardrails%2F&;a=Secure+Guardrails%2C" target="_blank" rel="nofollow noopener">Secure Guardrails,</a></u> transitioning from traditional risk management to proactive security engineering. Semgrep is building the world&#8217;s best autonomous code security platform in three key ways:</p>
<ul >
<li>Delivering market-leading signal-to-noise ratio and prioritization;</li>
<li>Product choices that keep developer productivity high and perception of security positive; and</li>
<li>Enabling an effective AppSec program at an affordable price.</li>
</ul>
<p>&#8220;The era of AI for security is here, and Semgrep is uniquely positioned to help organizations secure their code without sacrificing development velocity,&#8221; said <span class="xn-person">Isaac Evans</span>, CEO at Semgrep. &#8220;With the Semgrep platform, you can build an Appsec program with cost-effectiveness, security, and development speed.&#8221;</p>
<p>&#8220;AI is having a profound impact on all areas of technology. Semgrep&#8217;s approach to autonomous code security is a perfect example and represents the future of application security,&#8221; said <span class="xn-person">Matt Murphy</span>, Partner at Menlo Ventures and new Board Member of Semgrep. &#8220;Semgrep&#8217;s unique combination of AI capabilities and deep security expertise solidifies them as the leader in this increasingly critical market.&#8221;</p>
<p><b></b>Security teams are overwhelmed with the volume of code they have to secure. Launched just two weeks ago, <u><a href="https://c212.net/c/link/?t=0&;l=en&;o=4354998-1&;h=2060641145&;u=https%3A%2F%2Fsemgrep.dev%2Fproducts%2Fsemgrep-code%2Fassistant%2F&;a=Semgrep+Assistant+" target="_blank" rel="nofollow noopener">Semgrep Assistant </a></u>learns your organization&#8217;s software development life cycle, automatically finds, triages, prioritizes, and fixes the most important security issues as an agentic AppSec engineer. Through its LLM-powered platform, Semgrep automatically converts identified security bugs into secure guardrails, enabling developers to write more secure code without sacrificing speed.</p>

SAN FRANCISCO -- Chai Discovery, the AI company that predicts and reprograms the interactions between…
SAN FRANCISCO -- Nirvana Insurance, an AI-native commercial insurer, has secured a preemptive $100 million…
SAN FRANCISCO -- Kargo, a provider of industrial artificial intelligence (AI) technology for supply chain…
The Federal Trade Commission announced that grocery delivery provider Instacart will pay $60 million in…
SANTA CLARA -- ServiceNow has agreed to buy Armis for $7.75 billion in cash. Armis…
The Nasdaq stock market has reformulated the list of 100 companies in the Nasdaq-100 Index…