Sourcegraph Secures $23 Million Series B Funding
March 16, 2020

Sourcegraph secured $23 million in Series B funding led by Craft Ventures with participation from earlier investors Redpoint Ventures, Goldcrest Capital and others.

Sourcegraph Universal Code Search enables developers to explore and better understand all code, everywhere, faster - improving developer productivity with code navigation and contextual code intelligence.

"With more code, languages, and systems to integrate than ever before, the job of the developer is exponentially more difficult than 5-10-15 years ago," said Quinn Slack, CEO and co-founder of Sourcegraph. "Universal Code Search is the only solution that lets developers stay on top of this ever-growing complexity by giving them the ability to search, understand and fix problems across the entire codebase."

"Sourcegraph is mission-critical enterprise software for development teams," said David Sacks, co-founder and general partner at Craft Ventures. "What captured our attention is the bottom-up adoption among developers at major enterprises like Uber, Lyft, Yelp, Convoy and SoFi, where the majority use Sourcegraph for Universal Code Search every day. It's rare that you see enterprise software with the engagement levels of social networking sites."

Universal Code Search's core capabilities include:

- Code search: the essential task of all developers to quickly find, understand and change all of the code that they are responsible for -- including the activities of code discovery, code intelligence and code change management.

- Code navigation: guided travel to find specific code via ad-hoc query.

- Code exploration: find both known and unknown code, with code intelligence providing the contextual understanding.

- Code discovery: navigate, explore and understand the code you are looking for, even if you didn't know it existed.

- Code intelligence: display and share additional contextual information around code.

- Code change management: automate large-scale code changes with campaigns.

To be effective, code search must be universal across six dimensions: all repositories; all programming languages; all code changes (commits, branches and forks); all file formats; all developer tools; and all code hosts and editors.

Share this

Industry News

July 29, 2021

Couchbase announced the general availability of Couchbase Server 7.

July 29, 2021

Cycloid has unveiled Infra Import, a tool that automatically reverse engineers Terraform Infra-as-Code (IaC) from manually deployed infrastructure.

July 29, 2021

Launchable closed a $9.5 million Series A investment.

July 29, 2021

Rafay Systems announced automation and monitoring enhancements to its flagship Kubernetes Management Cloud (KMC).

July 28, 2021

Progress announced the R2 2021 release of Progress Telerik Test Studio, the enterprise UI test automation platform.

July 28, 2021

Synopsys announced the availability of new Rapid Scan capabilities within the company's Coverity static application security testing (SAST) and Black Duck software composition analysis (SCA) solutions.

July 28, 2021

Bitdefender announced GravityZone Security for Containers, expanding its cloud workload security (CWS) offering with run-time support for containers and Linux kernel independence.

July 28, 2021

Armory announced Armory Enterprise on AWS Quick Starts, automated reference deployments built by Amazon Web Services (AWS) solutions architects and AWS Partners.

July 27, 2021

Katalon introduced Katalon TestOps, an open and comprehensive test orchestration platform designed to help enterprises scale test automation and streamline DevOps pipelines.

July 27, 2021

Digital.ai achieved Federal Risk and Authorization Management Program (FedRAMP) “In Process” status for an Enterprise Agile Planning (EAP) tool.

July 27, 2021

Aqua Security rolls out the availability of its new Aqua Platform, with a unified console to ease the journey from scanning and visibility to workload protection in cloud native environments.

July 26, 2021

Parallel Agile announced a new version of CodeBot, a low-code MERN stack application generator.

July 26, 2021

Appian unveiled its new Appian Japan regional office.

July 26, 2021

CloudTruth raised $5.25 million in seed funding led by Glasswing Ventures and Gutbrain Ventures, with additional funding from Stage 1 Ventures and York IE.

July 22, 2021

Postman successfully obtained the System and Organization Controls (SOC) 2 Type 2 and SOC 3 Type 2 reports for the Postman API platform, meeting critical industry standards relative to the Trust Services Criteria for security, availability, and confidentiality.