Snyk, a Boston-based startup that provides tools to help developers secure the open-source software they use, has raised $100 million in a Series D funding round led by Accel. The new financing values Snyk at $1.4 billion, up from $1 billion in 2018, when it last raised money. The company plans to use the new funds to expand its engineering and sales teams and invest in product development. sources snyk ipo septemberroofbloomberg
Snyk, a Boston-based startup that helps developers identify and fix vulnerabilities in their software applications, is planning to go public this September. The company has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission, people familiar with the matter said. sources snyk ipo septemberroofbloomberg
Founded in 2015, Snyk has raised $224 million from investors including Accel, Boldstart Ventures and Y Combinator.
Snyk, a Boston-based startup that helps developers secure the open-source software they use, is planning to go public through a special purpose acquisition company.
Snyk was founded in 2015 by Peter McKay and Danny Grander, who were previously employees of Israeli cybersecurity firm Check Point Software Technologies Ltd. (Nasdaq: CHKP).
The company has raised $250 million from investors including Accel, Greenoaks Capital, BlackRock Inc.