Series D announcement
Blog post from Semgrep
Semgrep has announced a Series D funding round led by Menlo Ventures, alongside existing investors, to further develop its code scanning platform into an autonomous security solution that reduces noise and commits fixes, thereby freeing security teams for high-impact work. The company aims to address the challenges of an increasing code volume and the stretched capacity of security teams by programming the elimination of classes of security issues and integrating security as a platform engineering exercise. Semgrep's platform, now including a new hybrid engine called Semgrep 2.0, combines traditional techniques with LLM capabilities to provide deterministic, context-aware, and persuasive security analysis. The platform supports approximately 40 languages and serves diverse users from large tech companies to startups, aiming to be a low-noise, high-signal option for application security teams. As part of its growth strategy, Semgrep has welcomed Garrett Souza as VP of Sales and Mark McLaughlin as a board observer, both bringing significant experience to enhance the company's mission of making autonomous application security engineering more accessible and effective.