The company has raised 78 million dollars (about 64 million euros) through 3 rounds of financing in less than 9 months, which guarantees your long-term independence and allows you to continue helping developers around the world. Discover what Sourcegraph is and the causes of its success.
The Big Code era
We live in the age of the Big Code, in which the software grows at frenetic rates in terms of volume, variety, speed and valueaccelerating the technological transformation in our society.
Code bases are getting bigger and more complex, making it difficult for developers to find, understand, and fix lines of code. This severely affects productivity because they generate bottlenecks that slow down troubleshooting, updates, and product releases in an increasingly competitive market.
According to the survey , 94% of organizations are affected by Big Code and 77% believe that development tasks are much more complex than 10 years ago.
What is Sourcegraph?
Sourcegraph is a digital whose vision is make it possible for anyone to program in the next 30 years, not just 0.1% of the current population. To achieve such an ambitious goal Sourcegraph develops tools, networks and incentives for encryption on an ever-increasing scale.
Among those tools is allows you to find specific lines of code much faster, even in large repositories.
Why does it receive so much funding?
Universal Code Search wants to be the solution to all Big Code problems. For it offers advanced search functions that allow you to find lines of code in milliseconds, even in thousands of repositories. Thus speeds up code review, troubleshooting, and lets you see how other developers have done a deployment or solved a certain problem.
Sourcegraph has a differential tool that has made it leader in the market of universal code search and since its foundation it assures not to have lost a single client. What’s more, in the last two months companies have used Sourcegraph to search through 11 billion lines of code, 5 times more than the total number of lines in the Google code base.
Open source and freemium model
Source graph is a open source software and quick installation. According to the platform itself in just 10 minutes you can start searching your code and you can even run it self-hosted, so it stays local and secure.
In addition it is compatible with all types of repositories, programming languages, tools and deployment options and offers a large number of .
Sourcegraph uses a freemium business model. Their free version allows a maximum of 10 users and includes features like code search, code intelligence, and integration with major repositories like , GitLab or Bitbucket among others.
The paid version starts at $150/month and includes up to 25 users and more advanced tools. It also offers tailor-made solutions for large corporations as well as discounts for companies in the educational sector and non-profit organizations.
very large clients
Sourcegraph’s clients include large corporations such as Amazon, Paypal, Lyft, Yelp, Atlassian or Indeed. It is the largest corporations and groups that suffer the most from Big Code problems and therefore need Sourcegraph’s services the most.
Also, is backed by great investors such as Sequoia Capital, Craft Ventures, Redpoint Ventures and Goldcrest Capital and on its website it offers different and even produces a development tool for creators.
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