Semgrep Secures $100 Million in Series D Funding to Enhance Code and Supply Chain Security
Semgrep has secured $100 million in a Series D funding round led by Menlo Ventures, with participation from existing investors. The investment will help advance Semgrep's mission to make exploiting software vulnerabilities costly and challenging. The company plans to enhance its code and supply chain security offerings, focusing on detecting and remediating security issues. Semgrep’s platform provides tools for static application security testing (SAST), software composition analysis (SCA), and identifying hardcoded secrets. This funding reflects the growing importance of security in software development.
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