Semmle Raises $21M in Series B Funding

codingSemmle, a San Francisco, CA-based software engineering analytics platform, raised $21m in Series B funding.

The round, which brings Semmle’s total funding to $31m, was led by Accel Partners, with participation from Work-Bench. As part of the investment, Accel’s Ping Li and Vas Natarajan will join the board of directors.

The company intends to use the funds to accelerate its go-to-market efforts serving large technology and financial services companies around the world.

Led by Dr. Oege de Moor, CEO, Semmle provides an analytics platform to create reliable code without slowing down. The company’s analytics platform combines deep semantic code search and data science insights from its community of 500,000 developers to help them better understand their code, engineering processes and people. It is powered by QL, a query engine that lets developers and security researchers turn their source code into searchable relational data in order to spot critical errors and variants virtually impossible to find any other way.

The platform, which uses AI techniques to present actionable recommendations for improvement to developers and managers, building on the data from the user community, is used by software engineering and security teams at Credit Suisse, Dell, Google, Microsoft, NASA and Nasdaq.

The company, which also has offices in Copenhagen, New York City, Oxford, Seattle and Valencia, Spain, was co-founded by de Moor, a distinguished computer scientist and 20+ year Oxford professor, and his former PhD students, Pavel Avgustinov and Julian Tibble.

FinSMEs

22/08/2018

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