Snyk Closes $200M Series D as Valuation Surpasses $2.6B
09/09/20, 12:34 PM
Location
bostonMoney raised
$200 million
Round Type
series d
Developer-first security company Snyk has secured a $200 million investment, led by Addition, an investment firm founded to support visionary entrepreneurs. This latest round follows a January fundraise of $150 million, increasing Snyk's total investment to $450 million and the company's valuation to more than $2.6 billion.
Company Info
Company
Snyk
Location
boston, massachusetts, united states
Additional Info
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