Semmle files details on its $8 million financing


XDATA – August 28th 2014

semmle Semmle raised $8 million from three financial backers almost two weeks ago according to information disclosed by the company. The non-brokered equity offering was fully subscribed. No offering was previously initiated by the company under a registration exemption with the SEC.
The amount offered reported to the SEC represents the portion of the placement earmarked by the company for US investors.

Semmle markets and develops a business intelligence solution for software engineering. it offers top level metrics and drill-down to any level of detail from individual or team down to area of the code. It computes software metrics, finds programming bug patterns, and offers actionable suggestions to enforce coding conventions.

Semmle, registered in 2014, is headquartered in Oxford United Kingdom. It is led by Oegerikus De Moor (President). Revenues were not disclosed.
The board of directors includes Joseph C M Hall.

Offering recap
Status: Completed
Company: Semmle
Industry: Other Technology
Amount offered: $8 million
Amount placed: $8 million
First sale: 08-15-2014
Data as of: 08-28-2014

For more information visit www.XDATA.co

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