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

January 14, 2021

Oracle is making its popular APEX low-code development platform available as a managed cloud service that developers can use to build data-driven enterprise applications quickly and easily.

January 14, 2021

Parasoft announced its C/C++test update to support IAR Systems' build tools for Linux for Arm.

January 14, 2021

Harness raised $115 million in financing, reaching a valuation of $1.7 billion in just three years after launching from stealth.

January 13, 2021

Slim.ai launched with its cloud-based DevOps automation platform built specifically for software developers.

January 13, 2021

WhiteSource announced new WhiteSource Advise support for JetBrains' PyCharm and WebStorm integrated development environments (IDEs).

January 12, 2021

Red Hat has added new features to Red Hat Runtimes.

January 11, 2021

KubeSphere announced its expanded relationship with AWS to offer KubeSphere as an AWS Quick Start.

January 07, 2021

Red Hat announced its intent to acquire StackRox

January 07, 2021

Cigniti Technologies announced a partnership with Sonatype to help enterprise customers innovate faster and easily mitigate security risk inherent in open source.

January 07, 2021

Lacework announced a $525 million growth round with a valuation of over $1 billion.

January 06, 2021

BMC announced several new capabilities and enhancements for the BMC Automated Mainframe Intelligence (AMI) and Compuware portfolios that enable BMC mainframe customers to protect uptime and availability, defend the mainframe against cybersecurity threats, and advance enterprise DevOps.

January 06, 2021

Sysdig has achieved Service Organization Control (SOC) 2 Type II compliance for the Sysdig Secure DevOps Platform.

January 05, 2021

Allegro AI announced a rebranding of its key product Allegro Trains as ClearML.

January 05, 2021

Acryl unveiled a pilot service for Jonathan, an integrated AI platform that can be used in a variety of industries with a spectrum of users from non-experts to professional developers.

January 05, 2021

Weaveworks announced a $36.65 million Series C funding round.