Snyk raises $300 million at a $4.7 billion valuation as employees cash in and the security company beefs up

Snyk raises $300 million at a $4.7 billion valuation as employees cash in and the security company beefs up

3 years ago
Anonymous $hYN7Hy7o7J

https://techcrunch.com/2021/03/10/snyk-raises-300-million-at-a-4-7-billion-valuation-as-employees-cash-in-and-the-security-company-beefs-up/

Snyk, a developer of application security technology, is now worth $4.7 billion after a new fundraising and secondary sale that totaled $300 million.

In all, investors have poured $470 million into the company after this new investment, which was led by Accel and Tiger Global, with participation from a host of existing investors including Addition, Boldstart Ventures, Canaan Partners, Coatue, GV, Salesforce Ventures, and funds managed by Blackrock.

Snyk raises $300 million at a $4.7 billion valuation as employees cash in and the security company beefs up

Mar 11, 2021, 1:15am UTC
https://techcrunch.com/2021/03/10/snyk-raises-300-million-at-a-4-7-billion-valuation-as-employees-cash-in-and-the-security-company-beefs-up/ > Snyk, a developer of application security technology, is now worth $4.7 billion after a new fundraising and secondary sale that totaled $300 million. > In all, investors have poured $470 million into the company after this new investment, which was led by Accel and Tiger Global, with participation from a host of existing investors including Addition, Boldstart Ventures, Canaan Partners, Coatue, GV, Salesforce Ventures, and funds managed by Blackrock.