Semgrep raised $100 million in a Series D funding round led by Menlo Ventures to enhance its Application Security platform.
Feb 05, 2025•6 months ago
Amount Raised
$100 Million
Round Type
series d
Investors
Sequoia CapitalRedpoint VenturesLightspeed Venture PartnersHarpoon VenturesFelicis VenturesMenlo Ventures
Description
Semgrep, a leading Application Security platform, announced $100 million in Series D funding led by Menlo Ventures, with participation from several existing investors. This funding will be used to scale Semgrep's technology and support its transition to proactive security engineering.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech