Overview

Semgrep provides a software solution that helps security engineers and developers find and fix vulnerabilities in their code before it is deployed. The tool integrates into existing workflows and ticketing systems, offering actionable insights that allow developers to trust and act on the results. A standout feature of Semgrep is its ability to significantly reduce false positives in open-source vulnerabilities by up to 98% through reachability analysis, ensuring that only real threats are flagged. The tool is designed for speed, with average scan times of less than 5 minutes and median CI scan times of just 10 seconds, which enhances productivity for engineering teams. Semgrep's goal is to streamline the software development life cycle (SDLC) by providing a reliable and efficient way to secure code, ultimately reducing technical debt and accelerating delivery times.

Simplify's Take

What believers are saying

• Increased demand for integrated security solutions in CI/CD pipelines boosts Semgrep's market relevance.
• The rise of supply chain attacks heightens the need for Semgrep's third-party dependency detection.
• The shift towards DevSecOps aligns with Semgrep's focus on developer-friendly security tools.

What critics are saying

• Increased competition from Snyk and GitHub's CodeQL could impact Semgrep's market position.
• Over-reliance on funding rounds may lead to financial instability if future rounds falter.
• Rapid technological changes in cybersecurity could render Semgrep's tools obsolete without innovation.

What makes Semgrep unique

• Semgrep reduces false positives in vulnerabilities by up to 98% with reachability analysis.
• The tool integrates seamlessly into existing workflows, enhancing SDLC processes for engineering teams.
• Semgrep's average scan time is under 5 minutes, with a median CI scan time of 10 seconds.

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Funding

Total Funding

$193M

Meets

Industry Average

Funded Over

4 Rounds

Notable Investors:

Lightspeed Venture Partners

Notable Investors:

Lightspeed Venture Partners

$100,000,000

Series D

Feb 2025

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.

Series D Funding Comparison

Above Average

Industry standards

Ind Avg. $77M

$49M

$50M

$70M

$80M

$100M

$100M

View all funding stages