.
MergerLinks Header Logo

Announced

Completed

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

Financials

Edit Data
Transaction Value£216m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Friendly

Minority

Cross Border

Single Bidder

Private Equity

Private

Completed

Software

software solutions

open source

developer tools

United Kingdom

Venture Capital

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US