Friday, January 22, 2021

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Sourcegraph: Raises $50M in Series C Funding

  • Sourcegraph, a San Francisco, CA-based Universal Code Search company, secured $50m in Series C funding
  • The round was led by Sequoia Capital. In conjunction with the funding, Andrew Reed, partner at Sequoia, joined Sourcegraph’s Board of Directors
  • The company, which has raised a total of $98m in funding to date, will use the new capital to expand its team and the adoption of Universal Code Search
  • The company signed some of the world’s largest brands in 2020, including 26 major enterprise customers
  • Users include Amazon, Atlassian, Capital One, Lyft, PayPal, Uber, Yelp, and many others
  • The company also backed by Craft Ventures, Redpoint Ventures, and Goldcrest Capital

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