Universal Code Search Company Sourcegraph Raises $23 Million

By Dan Anderson ● March 4, 2020
  • Universal Code Search leader Sourcegraph announced it raised $23 million in Series B funding led by Craft Ventures with participation from earlier investors

Sourcegraph — a leader in Universal Code Search — announced it raised $23 million in Series B funding led by Craft Ventures with participation from earlier investors Redpoint Ventures, Goldcrest Capital, and several others. Sourcegraph is known for empowering developers to explore, navigate, and understand code faster. And Sourcegraph is built for all companies ranging from startups needing a solid foundation for growth to enterprises with complex security, scaling, and deployment needs. For companies like Uber, over 90% of their developers use Sourcegraph for Universal Code Search every day.

Due to rapidly growing codebases, proliferating numbers of repositories, multiple languages and file formats, and a wide range of developer tools, developers need to have a single place to quickly explore and better understand all code faster. And Universal Code Search is the one place where developers and DevOps teams go to answer questions about code and systems. Plus it ties together information from many tools, repositories on your code hosts to dependency relationships among your projects and application runtime information.

The Universal Code Search’s core capabilities include code search, code navigation, code exploration, code discovery, code intelligence, and code change management. The code search feature helps developers 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.

And the code navigation feature offers guided travel to find specific code via ad-hoc query. The code exploration feature allows users to find both known and unknown code with code intelligence providing the contextual understanding.

Plus the code discovery feature offers the ability to navigate, explore, and understand the code you are looking for even if you didn’t know it existed. And the code intelligence feature displays and shares additional contextual information around code.

Key Quotes:

“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. 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.”

– Quinn Slack, CEO and co-founder of Sourcegraph

“Sourcegraph is mission-critical enterprise software for development teams. 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.”

– David O. Sacks, co-founder and general partner at Craft Ventures

“I led the Kythe project at Google and saw how much leverage Google developers get from high-quality code search. I joined Sourcegraph because I want this Universal Code Search technology to be available to all developers at all companies.”

– Michael Fromberger, software engineer at Sourcegraph.

“Every single developer that used Sourcegraph and talked to me about it loved the product. I think that every code product must have intelligent navigation.”

– GitLab CEO Sid Sijbrandij