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Snyk Secures $75 Million In Additional Funding

Sep 30, 2021•almost 4 years ago

Amount Raised

$75 Million

Boston

Description

Snyk, the leader in developer security, today announced $75 million of funding from Atlassian Ventures and Salesforce Ventures as part of its recent Series F financing. Snyk's mission is to advance developer security by empowering millions of developers to build security into the development process early without sacrificing the speed their business requires to successfully compete. This pushes the company's valuation to $8.6 billion, and total capital raised to $850 million with over 10% of these total funds directly coming from Atlassian Ventures and Salesforce Ventures.

Company Information

Company

Snyk

Location

Boston, Massachusetts, United States

About

Snyk is the leader in developer security. We empower the world's developers to build secure applications and equip security teams to meet the demands of the digital world. Our developer-first approach ensures organizations can secure all of the critical components of their applications from code to cloud, leading to increased developer productivity, revenue growth, customer satisfaction, cost savings and an overall improved security posture. Snyk's Developer Security Platform automatically integrates with a developer's workflow and is purpose-built for security teams to collaborate with their development teams. Snyk is used by 1,200 customers worldwide today, including industry leaders such as Asurion, Google, Intuit, MongoDB, New Relic, Revolut and Salesforce. Snyk is recognized on the Forbes Cloud 100 2021, the 2021 CNBC Disruptor 50 and was named a Visionary in the 2021 Gartner Magic Quadrant for AST. 1 IDC Worldwide Developer Forecast March 2021 SOURCE Snyk

Funding Insights

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