4 years ago

Cloud Security Unicorn Snyk Secures $175M in Series E Funding, Reaching $4.7B Valuation

  • UK-based cloud security company Snyk has raised $175 million in new capital during a Series E funding round, bringing its valuation to $4.7 billion

  • The round was co-led by Accel and Tiger Global, with participation from new and existing investors

  • Snyk plans to use the funding to meet the growing global demand for its Cloud Native Application Security Platform and expand its operations.

      • ProblemTechnology Infrastructure

      "Developers lack real-time answers and automated remediation for security, making it difficult to build secure applications."

      Solution

      "Snyk provides a Cloud Native Application Security Platform that integrates security into the developer workflow, enabling real-time security visibility and remediation for every component of modern applications."

      Covered on