Felicis Ventures has invested an additional $5M investment in our Series B round, bringing the total amount raised to over $46 million. This comes after our $23 million Series B funding round back in March 2020 (before the pandemic — remember then?) and increases the company’s valuation by over 40 percent.

Step 1 of 7

14%

Which of the following best describes how you currently monitor and manage systems across your hybrid cloud environment?(Required)

Multiple separate tools for different environments

Multiple separate tools for different monitoring and management functions

Single consolidated dashboard

Custom built monitoring and management solution

No full monitoring and management solution

Don’t know

How valuable would it be for your monitoring and management solution to incorporate predictive analytics to help you identify and address system issues that are critical and not waste time or effort working through all the data and “noise” that is not critical?(Required)

Extremely valuable

Moderately valuable

Somewhat valuable

Slightly valuable

Not valuable

How do you most typically address potential system issues BEFORE they impact your operations?(Required)

Automated workflows and playbooks to remediate potential issues as soon as they are detected

An orchestrated response process that leverages automation, AI, and human expertise to rapidly respond to potential issues

Advanced monitoring tools such as predictive analytics and anomaly detection to proactively identify and address potential issues

Respond to issues as they arise, using manual processes and troubleshooting techniques

A combination of automated remediation, orchestrated response, and/or proactive monitoring to address potential system issues

Don’t know

Other

What methods does your organization use to control and monitor cloud/IT spending?(Required)

Centralized procurement processes

Pre-approved budget thresholds

Automated cost monitoring tools

Department-level spending controls

Regular cost audits and reviews

Cloud cost optimization platform

Approval workflows for resource provisioning

Native financial operations tools provided by the cloud provider

No formal controls in place

Don’t know

Other

Please specify:

Which methods do you rely on most to detect security vulnerabilities in your systems?(Required)

Automated scanning tools

Manual assessments

Vendor notifications

Threat modeling (for early detection)

None of these

Don’t know

Other

Please specify:

What are the TWO most common ways you prioritize vulnerabilities to address within your environment?(Required)

Based on potential impact

Based on exploitability

Regulatory compliance requirements

Based on CVSS scores

Risk-based analysis of multiple factors

First-in-first-out approach

No formal prioritization process

Don’t know

How do you typically handle system updates and security patches?(Required)

Automated updates and patches

Manually review and apply updates and patches on a regular schedule

A combination of automation and manual review

Apply updates and patches on an as-needed basis.

Outsourced update and patch management

No defined process

Don’t know

Other

Δ

2020 has been a transformational year for Sourcegraph, with new customers and usage expansion in recent months, even during the COVID-19 pandemic. To support the ongoing momentum of Universal Code Search and our plans to build Sourcegraph Cloud, we will be hiring in our engineering, sales, product, and marketing departments, more than doubling the size of the company in 2020.

Demand for Sourcegraph is surging because the pandemic has changed how software developers work. Today, the vast majority of software developers are working from home, and even after the current pandemic has passed, it may stay that way as tech companies embrace an all-remote work structure. Developing software remotely will require solutions that boost productivity and allow teams to collaborate effectively.

Sourcegraph Universal Code Search is proving to be invaluable for this purpose. With rapidly growing codebases, proliferating numbers of repositories, multiple languages and file formats, and a wide variety of developer tools, developers need a single place to find and fix things across all code, faster. Our customers see us as mission-critical.

Sourcegraph began as a remote-first company, and we transitioned to all-remote in early February 2020 with employees from six continents and one living on an ocean-going catamaran. We are big proponents of developing software at home and the flexibility it gives our teams. This new funding has allowed us to leverage the skills of ultra-talented individuals from companies like Facebook and Google, who will be joining our team.

Want to join us? View open positions at Sourcegraph at about.sourcegraph.com/jobs/, or reach out to hi@sourcegraph.com with any questions.