• About & Contact Us
  • SEO Community

Ulancer.com

    • Latest Stories

      What is new?

    • Meet the startups that pitched at EF’s 10th Demo Day in London

      September 27, 2018

    • Rally Rd., the app that lets you invest in classic cars, raises $7M Series A

      September 27, 2018

  • News
  • How to’s
  • Writing
  • Startups
  • Jobs
  • More
    • CMS Tools
    • APPS
    • Web Resources
      • Advertising
      • Firefox
      • Scripts
      • Tools

Semmle, startup that makes code searchable, hauls in $21M Series B

  • by Ulancer Contributor
  • In Startups
  • — 21 Aug, 2018

Semmle, a startup that originally spun out of research at Oxford, announced a $21 million Series B investment today led by Accel Partners. It marked the second time Accel has led an investment in the company.

Work-Bench also participated in the round. Today’s investment brings the total to $31 million.

Semmle has warranted this kind of interest by taking a unique approach to finding vulnerabilities in code. “The key idea behind our technology is to treat code as data and treat analysis problems as simple queries against a database. What this allows you to do is very easily encode domain expertise, security expertise or any other kinds of specialist knowledge in such a way it can be easily and automatically applied to large amounts of code,” Pavel Avgustinov, Semmle co-founder and VP of platform engineering told TechCrunch.

Screenshot: Semmle

Once you create the right query, you can continuously run it against your code to prevent the same mistakes from entering the code base on subsequent builds. The key here is building the queries and the company has a couple of ways to deal with that.

They can work with customers to help them create queries, although in the long run that is not a sustainable way of working. Instead, they share queries, and encourage customers to share them with the community.

“What we find is that the great tech companies we work with have the best security teams in the world, and they are giving back what they created on the Semmle platform with other users in an open source fashion. There is a GitHub repository where we publish queries, but Microsoft and Google are doing the same thing,” Oege de Moor, company CEO and co-founder explained.

In fact, the Semmle solution is freely available to open source programmers to use with their applications, and the company currently analyzes every commit of almost 80,000 open source projects. Open source developers can run shared queries against their code or create their own.

They also have a paid version with customers like Microsoft, Google, Credit Suisse, NASA and Nasdaq. They have relied mostly on these strategic partners up until now. With today’s investment they plan to build out their sales and marketing departments to expand their customer base into a wider enterprise market.

The company spun out of research at Oxford University in 2006. They are now based in San Francisco with 60 employees, a number that should go up with this investment. They received an $8 million Series A in 2014 and $2 million seed round in 2011.


News source

You might also like...

  • Kevin Rose’s fasting app Zero beefs up with new CEO, $1.2M funding 5 Sep, 2018
  • Nginx lands $43 million Series C to fuel expansion 20 Jun, 2018
  • Platform power is crushing the web, warns Berners-Lee 12 Mar, 2018
  • Scooter startup Bird is reportedly about to hit a $2B valuation 12 Jun, 2018
  • Previous story Canvass Analytics raises $5M led by Gradient Ventures, Google’s AI fund
  • Next story CardMunch founder returns with HiHello, a new app aiming to replace business cards
  • RSS
    Receive Freebies & Latest Posts Directly To Your Email - it's Free!

    • Recent Posts
    • Most Popular
    • Comments
    • 7hrCggmJ-AMMeet the startups that pitched at EF’s 10th Demo Day in LondonSeptember 27, 2018
    • oNo38LV2tQIRally Rd., the app that lets you invest in classic cars, raises $7M Series ASeptember 27, 2018
    • Nearby.gifBerkanan is a Bluetooth-powered group messaging appSeptember 27, 2018
    • 2122.pngVinay Gupta to talk about Mattereum at Disrupt BerlinSeptember 27, 2018
    • slider_wp_03Best collection of WordPress Slider PluginsJuly 5, 2010
    • Joomla template builderTop 8 Free Joomla Template GeneratorsJuly 19, 2011
    • 40+ Best WordPress Plugins for Comments40+ Best WordPress Plugins for CommentsJune 18, 2011
    • wptheme2A Collection of Free WordPress ThemesJuly 11, 2010
    • Jhanvi Verma on:Prose raises $5.2 million for custom shampoo
    • Capri4Physio on:Indian home healthcare platform Portea Medical raises $26M Series C
    • caprispine on:Indian home healthcare platform Portea Medical raises $26M Series C
    • physiotherapynearme on:Indian home healthcare platform Portea Medical raises $26M Series C
  • Staff Picks

    • slider_wp_03Best collection of WordPress Slider PluginsJuly 5, 2010
    • Joomla template builderTop 8 Free Joomla Template GeneratorsJuly 19, 2011
    • 40+ Best WordPress Plugins for Comments40+ Best WordPress Plugins for CommentsJune 18, 2011
  • Recent Posts

    • Meet the startups that pitched at EF’s 10th Demo Day in London
    • Rally Rd., the app that lets you invest in classic cars, raises $7M Series A
  • Search Our Blog

  • Ulancer is an insightful freelance blog and resource site. We provide intuitive articles that cover Photoshop tutorials, time-saving management tips covering a broad range of topics. We also have an active freelance community forum, there you can meet other freelancers that share your common interest, socialize and chat about freelance trending news as the occurred.

© Copyright 2013 Ulancer.