Snyk Secures $75M in Additional Series F


Snyk, a London, UK-based developer security company, raised $75m as part of its Series F financing.

Backers included Atlassian Ventures and Salesforce Ventures. This brought the company’s valuation to $8.6 billion, and total capital raised to $850m. The company’s announced $530m in Series F investment earlier this month.

Led by Peter McKay, CEO, Snyk empowers developers to build security into the development process early without sacrificing the speed their business requires to compete. The 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.

Following Snyk’s integration with Bitbucket Cloud and Atlassian Open DevOps earlier this year, Snyk and Atlassian are committed to creating a seamless experience for developers to access and adopt Snyk across Bitbucket Cloud, Jira Software, Jira Service Management and Compass in the future. This embedded security experience will give developers the ability to protect their code from open source vulnerabilities as part of their daily workflow.