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Announced

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Accel and Tiger Global led a $300m Series E round in Snyk.

Synopsis

Investment companies Accel and Tiger Global led a $300m Series E round in Snyk, a developer of security analysis tools and operating systems, with participation from existing investors Addition Ventures, Boldstart Ventures, Canaan Partners, Coatue, Google Ventures, Salesforce Ventures, Stripes, BlackRock and new investors include Alkeon, Atlassian Ventures, Franklin Templeton, Geodesic Capital, Sands Capital Ventures and Temasek. “Our relentless focus on the experience of the 2.2m developers building applications of all kinds securely with Snyk has resulted in our success to date, and we believe there is an exponential, generational opportunity still in front of us. This latest investment allows us to accelerate our growth at every level – doubling down on our successful product led growth strategy, adding to our customer roster, recruiting talent to our team worldwide and expanding geographically,” Peter McKay, Snyk CEO.

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