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Snyk Closes $200M Series D as Valuation Surpasses $2.6B

Sep 09, 2020•almost 5 years ago

Amount Raised

$200 Million

Round Type

series d

Boston

Description

 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 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

Based on industry data
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