4 years ago

Snyk Secures $530 Million in Series F Funding for Global Expansion

  • Snyk, a UK-based developer security platform, has raised $530 million in a Series F funding round led by Sands Capital and Tiger Global

  • The investment brings Snyk's total funding to $775 million and its valuation to $8.5 billion

  • The company plans to use the funds to fuel product innovation and development, including new enhancements to its Developer Security Platform, new workflow integrations, improved functionality, and new features

  • Snyk's platform is already used by millions of developers and more than 1,200 customers worldwide, including Asurion, Google, Intuit, MongoDB, New Relic, Revolut and Salesforce.

      • ProblemTechnology

      "Software developers need to build secure applications but often lack the tools and real-time support to address security vulnerabilities efficiently."

      Solution

      "Snyk provides a developer-first security platform that integrates directly into developers' workflows, enabling them to find and fix vulnerabilities early in the development process without needing to become security experts."

      Covered on