Sourcegraph Raises $50M in Series C Funding

USA – 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. Led by Quinn Slack, co-founder and CEO, Sourcegraph provides Universal Code Search that improves developer productivity with code navigation and contextual code intelligence that integrates with any stack, providing a single place to find, update, patch, or share code across repositories, languages, tools, and platforms.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 is also backed by Craft Ventures, Redpoint Ventures, and Goldcrest Capital.03/12/2020