Semgrep Secures $100M Series D Funding to Revolutionize AI-Powered Code Security

Semgrep Secures $100M Series D Funding to Revolutionize AI-Powered Code Security

Semgrep, a leading application security platform, has made headlines by raising an impressive $100 million in its Series D funding round. This significant investment is designed to bolster the company’s ongoing mission of enhancing code security through innovative solutions.

Details of Semgrep’s Funding Round

The Series D funding round was led by Menlo Ventures, with notable contributions from existing investors, including Felicis Ventures, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures, and Sequoia Capital. This latest funding round brings Semgrep’s total capital raised to $204 million.

Semgrep’s Mission and Unique Approach

Founded with the aim of revolutionizing code security, Semgrep provides a robust Application Security (AppSec) platform that addresses the complexities of securing modern codebases. The platform is designed to:

  • Maintain a high signal-to-noise ratio for effective security measures.
  • Enhance developer productivity without sacrificing security.
  • Shift the perception of security from a hindrance to a positive aspect of development.

Strategic Use of Funds

The newly acquired funds are set to be utilized for various strategic initiatives:

  1. Attract top-tier talent in AI and program analysis.
  2. Expand product offerings to reach a broader audience beyond traditional security.
  3. Strengthen the Go-To-Market team with industry experts from renowned companies like Hashicorp and Elasticsearch.

New Leadership Appointments

To further enhance its strategic direction, Semgrep has made key leadership appointments:

  • Garrett Souza, former SVP Americas at Matillion and Enterprise Sales Leader at Snyk, joins as Vice President of Sales.
  • Mark McLaughlin, ex-CEO of Palo Alto Networks, comes on board as an Angel Investor and Advisor.

These appointments reflect the industry’s confidence in Semgrep’s growth trajectory.

READ ALSO  Defense Innovator Epirus Seeks $150M in Funding Talks Amid Valuation Adjustments

Industry Insights on AI and Security

Commenting on the impact of AI on technology, Matt Murphy, Partner at Menlo Ventures and new Board Member of Semgrep, stated, “AI is having a profound impact on all areas of technology. Semgrep’s approach to autonomous code security is a perfect example and represents the future of application security.”

Looking Ahead

Earlier this year, Semgrep successfully raised funds in its Series C round in April 2023, paving the way for its current growth phase. The ongoing investment trend in Semgrep emphasizes its commitment to leading the way in AI-powered code security. For more insights on application security, visit OWASP.

Similar Posts

Exploring Nvidia's AI Empire: A Deep Dive into Its Leading Startup Investments

Nvidia GTC 2025: Exciting Innovations and Key Highlights to Expect at This Year’s Show!

Bysupport

Nvidia’s GTC (GPU Technology Conference) begins Monday in San Jose, featuring key announcements in AI and accelerated computing. CEO Jensen Huang will deliver a keynote on Tuesday highlighting advancements in robotics, sovereign AI, and automotive technologies. The event will host nearly 1,000 sessions and 2,000 speakers, with significant product launches expected, including the Blackwell B300 GPU series and the next-gen Rubin series, set for 2026. A new “quantum day” will explore quantum computing applications. Despite challenges, Nvidia maintains an 82% market share and reported record revenues, positioning itself strongly against competitors like AMD.

Payments Expert Basil Bailey Joins TrueLayer to Spearhead European Expansion

Payments Expert Basil Bailey Joins TrueLayer to Spearhead European Expansion

Bysupport

TrueLayer, the UK’s leading Pay by Bank network, has appointed Basil Bailey as CEO of TrueLayer Ireland and General Manager for European operations. This strategic move aims to enhance TrueLayer’s impact on the European payments landscape. Bailey will oversee commercial and regulatory aspects in Ireland, managing TrueLayer’s European operations. With extensive experience in the payments industry from roles at JPMorgan, Fiserv, and PayPal, Bailey’s leadership comes at a time of significant growth for TrueLayer, which serves over 10 million users and has processed over $64 billion in payments. CEO Francesco Simoneschi highlighted Bailey’s expertise as vital for future expansion.

Breakthrough in AI Scaling: New Method Unveiled, but Experts Urge Caution

Breakthrough in AI Scaling: New Method Unveiled, but Experts Urge Caution

Bysupport

Recent social media discussions have raised interest in a potential new AI “scaling law.” Experts, however, express skepticism towards these claims. Traditional scaling laws focus on pre-training with larger datasets, while two new concepts—post-training and test-time scaling—have emerged. Researchers from Google and UC Berkeley introduced a fourth scaling law, “inference-time search,” which allows models like Google’s Gemini 1.5 Pro to generate multiple answers to queries, potentially improving performance. Despite promising results, experts caution about its practical effectiveness, highlighting challenges in scaling AI’s reasoning abilities and the high costs associated with advanced models.

Browser Use Secures $17M to Enhance AI Agents’ Website Navigation

Browser Use Secures $17M to Enhance AI Agents’ Website Navigation

Bysupport

Browser Use, a startup enhancing website readability for AI agents, has raised $17 million in seed funding, led by Felicis’ Astasia Myers and supported by investors like Paul Graham. Founded in 2022 by Magnus Müller and Gregor Zunic through ETH Zurich’s accelerator, the company is part of Y Combinator’s 2025 winter batch. Their technology simplifies complex web structures into digestible formats for AI agents, allowing them to navigate and perform tasks more efficiently. With growing interest from various companies, Browser Use aims to become a foundational layer in the evolving landscape of AI automation, addressing challenges in website interaction for agents.

Sharge’s Loomos AI Smart Glasses Raise $1.3M in Just 5 Days on Kickstarter!

Sharge’s Loomos AI Smart Glasses Raise $1.3M in Just 5 Days on Kickstarter!

Bysupport

Sharge, a top wireless charging supplier, raised $1.53 million in just five days for its Kickstarter launch of the Loomos AI Glasses, highlighting a growing interest in smart wearable technology. These glasses feature wireless charging, advanced AI integration for everyday tasks, and a stylish design suitable for various settings. The swift funding success indicates strong market demand for innovative eyewear, and early backers can enjoy exclusive rewards. As the smart wearable market expands, Loomos AI Glasses are set to make a notable impact. For more details, visit the Kickstarter campaign page.

AI Crawlers Drive 50% Surge in Wikimedia Commons Bandwidth Demand

AI Crawlers Drive 50% Surge in Wikimedia Commons Bandwidth Demand

Bysupport

The Wikimedia Foundation reported a 50% increase in bandwidth consumption for multimedia downloads from Wikimedia Commons since January 2024, largely due to automated data scrapers used for training AI models. This surge, primarily from bots, raises concerns about the sustainability of open knowledge resources and results in escalating costs for the organization. While human traffic is manageable, bot activity is unprecedented, prompting the foundation to allocate resources to block scrapers. Critics argue that AI crawlers often disregard traffic rules, threatening the open internet. The situation may force publishers to implement stricter access measures, impacting content accessibility.