# Krugle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/krugle

- Industry: Internet
- Headquarters: Menlo Park, US
- Website: www.krugle.com
- Total disclosed funding: $6.1M
- Latest round: Series B (May 29, 2006)
- Investors on record: 4

## About

Krugle is an advanced software analysis and search platform that utilizes Artificial Intelligence to enhance Static Application Security Testing, providing developers with critical insights into code quality and security vulnerabilities.Krugle operates as a software analysis and search platform focused on application security. The company was acquired by Aragon Consulting in February 2009. It is based in Menlo Park, US. The CEO is Brian Gee, who brings a wealth of experience from prior ventures in the tech industry. The company's latest funding round was Series B, raising USD 6.10 mn, which brings the total amount raised to USD 6.10 mn and the current company valuation to USD 13.35 mn.Krugle's primary offering is an advanced software analysis and search platform powered by Artificial Intelligence (AI). The platform facilitates Static Application Security Testing (SAST), enabling developers to perform in-depth security analysis at the pace and scale of modern cyber threats. By leveraging semantic code search, Krugle delivers immediate and precise insights into code quality, security vulnerabilities, and maintainability issues across all projects within an organization. Their services are designed to streamline the software development process, allowing users to identify and resolve critical application problems swiftly. Targeted primarily at enterprise-level clients in sectors such as technology, finance, and healthcare, Krugle's solutions support organizations globally, optimizing their software development environments with continuous access to an extensive repository of code artifacts and technical information.Krugle generates revenue primarily through subscription-based services that provide clients with access to their software analysis platform. Clients typically engage in annual or multi-year subscription agreements that allow for scalability in their usage, catering to various needs within their development teams. The revenue structure is designed to support B2B transactions, where companies leverage Krugle's tools for enhanced application security and performance. The service offerings include flagship capabilities such as real-time semantic code search and comprehensive security assessments, which are integral to the clients' software development lifecycle. While specific pricing details for subscriptions and services are proprietary, the structure allows clients to choose plans that align with their organizational scale and security requirements, ensuring tailored solutions for diverse enterprise needs.Following the Series B funding round on February 17, 2009, Krugle intends to expand its product offerings with new tools designed for enhanced security analysis. The company is also targeting market expansion into Europe and Asia by 2010, aiming to establish a presence in these regions. The funding will be strategically utilized to support the development of these new products and to facilitate entry into international markets, enhancing Krugle's global reach and operational capabilities.

## Funding rounds

- Series B, May 29, 2006, $6.1M — Rustic Canyon Partners, Emergence Capital, First Round Capital, Omidyar Network

## Investors

- Rustic Canyon Partners (https://capitalatlas.ai/funds/rustic-canyon-partners) — Series B
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series B
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Series B
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series B
