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Semgrep

Semgrep is a San Francisco-based code security company, formerly r2c, founded by MIT alumni Isaac Evans, Luke O’Malley and Drew Dennison. It builds a commercial application security platform on its open-source static code analysis engine of the same name, and raised a $100 million Series D in February 2025.

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Key facts

Collaboration at MIT

As MIT undergraduates, Isaac Evans, Luke O’Malley and Drew Dennison lived next to each other in Simmons Hall and all studied electrical engineering and computer science. During the 2011 Independent Activities Period they won a contract to help Army personnel use Android phone apps more securely, with Dennison as CTO, Evans as CEO and O’Malley on product, the roles they later took at r2c.⁠[1]

All three took part in the Gordon-MIT Engineering Leadership (GEL) Program. Evans earned his bachelor’s degree in 2013 and a master’s in 2015 with a thesis on advanced software security techniques; Dennison graduated in 2013 and O’Malley in 2014, and the three first joined different companies after graduation.⁠[1]

Founding r2c

In 2016 the three began exploring opportunities in software security; Evans and Dennison had been entrepreneurs-in-residence at Redpoint, and between them the founders had worked at PalantirPalantirPalantir is a U.S. enterprise software company founded in 2003 that provides data and artificial intelligence platforms including Gotham, Foundry, Palantir Apollo, and AIP, serving government and commercial organizations. The company went public through a direct listing in 2020 and now trades on Nasdaq under the ticker PLTR.Open the full entry, in the intelligence community and at Fortune 500 companies. The company was founded as r2c in 2017, with Evans as CEO and O’Malley as head of product.⁠[1][2][3]

Turning to Semgrep

Evans recalled that the company initially struggled to build a product for developers until Yoann Padioleau, a former Facebook engineer hired in 2018, pointed out that he had built a similar open-source tool at Facebook. The tool originally supported only PHP; at an internal hackathon in 2019 the team decided to revive the project and added support for languages such as Python.⁠[3][1]

r2c released the open-source version of Semgrep at the end of 2020 and built a software service around what it called the “canonical” Semgrep fork, sold as a monthly per-developer subscription that packages security rules across programming languages.⁠[3][4]

Series A

Series B

Rule Registry and Community

As of February 2022, Semgrep offered more than 1,500 prewritten rules and worked with over 25 programming languages, and users could write their own rules and contribute them to the database. Large customers included SlackSlackSlack is a team communication and collaboration platform developed from an internal tool at Tiny Speck. It organizes work through channels, direct messages, searchable history and integrations, with features including Huddles, Clips, Canvas and AI assistance. Its paid service launched in February 2014, and Salesforce completed its acquisition in July 2021.Open the full entry, Dropbox and Snowflake. After the Log4Shell vulnerability was exposed, members of r2c’s community Slack channel quickly shared rules for detecting its variants.⁠[1]

O’Malley said: “If you know how to program in a language, you can now write rules and extend Semgrep.”⁠[1]

Series C and Rename to Semgrep

On April 18, 2023, the company announced a $53 million Series C led by Lightspeed Venture PartnersLightspeed Venture PartnersLightspeed Venture Partners backs companies from seed through late-stage financing. Its website distinguishes Lightspeed Management Company (LSVP) from Lightspeed India Partners (LSIP): the two are separately operated investment advisers, with the U.S., European, and Israeli offices belonging to LSVP and the India and Southeast Asia offices belonging to LSIP.Open the full entry, with Felicis, Redpoint and Sequoia Capital participating, bringing total funding to $93 million, and changed its name from r2c to Semgrep. Evans said the company had not planned to raise until the summer but received a pre-emptive offer.⁠[5][3]

At the time Semgrep’s open-source tooling had around two million users, and the company’s revenue-producing products had grown 7.5-fold in 2022.⁠[3]

December 2024 onward: Community Edition and Rule License Change

On December 13, 2024, Semgrep renamed its open-source engine and rules Semgrep Community Edition and moved Semgrep-maintained rules to the Semgrep Rules License v.1.0, limiting them to internal, non-competing and non-SaaS use, with a grace period until January 31, 2025 for vendors using them in competing products; some JSON and SARIF output fields and experimental features moved to the logged-in commercial engine. The company said the engine itself remained under LGPL 2.1.⁠[6]

Endor Labs subsequently forked Semgrep into Opengrep, with security companies including Aikido Security, Arnica, Jit and Orca Security backing the project. Semgrep’s documentation states that Opengrep was forked from Semgrep Community Edition at v1.100.0, is licensed under LGPL 2.1 and is not affiliated with Semgrep, Inc.⁠[7][8]

Series D

On February 5, 2025, Semgrep announced a $100 million Series D led by Menlo Ventures, with existing investors Felicis, Harpoon Ventures, Lightspeed Venture Partners, Redpoint and Sequoia Capital participating. Former Palo Alto NetworksPalo Alto NetworksPalo Alto Networks is an American cybersecurity company that offers network security, cloud security, security operations, identity security, and artificial intelligence security products, and provides threat intelligence, assessment, and incident response services through Unit 42.Open the full entry CEO Mark McLaughlin joined as a board observer and angel investor, and Garrett Souza joined as VP of worldwide sales.⁠[9][10]

In the announcement Evans described “Semgrep 2.0,” a hybrid engine combining the rule-based engine with large language models, and said it identified true positives with a 96% agreement rate among security researchers.⁠[9]

Semgrep Guardian

On June 23, 2026, Semgrep launched Semgrep Guardian, which scans and fixes vulnerabilities, malicious packages and hardcoded secrets in code written by AI coding agents directly in the developer’s IDE and ships with an MCP server, Hooks integrations and Skills; the company said it was an official partner of Cursor and Claude Code.⁠[11]

Related Organizations, Websites, and Public Accounts

Sources

  1. An open-source tool for software security (opens in a new window)
  2. Redpoint and Sequoia are backing a startup to copyedit your shit code (opens in a new window)
  3. Semgrep (formerly r2c) lands $53M investment to grow code security platform (opens in a new window)
  4. r2c raises $27M to scale its security-focused code analysis service (opens in a new window)
  5. Semgrep Announces $53M in Series C Funding to Profoundly Improve Software Security and Reliability (opens in a new window)
  6. Important updates to Semgrep OSS (opens in a new window)
  7. Opengrep Launches as Free Fork After Semgrep License Shift (opens in a new window)
  8. Compare Semgrep to Opengrep (opens in a new window)
  9. Series D announcement (opens in a new window)
  10. About (opens in a new window)
  11. Introducing Semgrep Guardian: Security for AI-Generated Code (opens in a new window)