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Announced

Completed

Sands Capital and Tiger Global led a $530m Series F round in Snyk.

Financials

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Transaction Value£384m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Completed

Acquisition

Cross Border

Private Equity

Software

software solutions

open source

developer tools

United Kingdom

Minority

Single Bidder

Private

Friendly

cybersecurity

Synopsis

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Sands Capital and Tiger Global led a $530m Series F round in Snyk, a developer security company, with participation from Baillie Gifford, Koch Strategic Platforms, Lone Pine Capital, T. Rowe Price, Whale Rock Capital Management, Accel, Addition, Alkeon, Atlassian Ventures, BlackRock, Boldstart Ventures, Canaan Partners, Coatue, Franklin Templeton, Geodesic Capital, Salesforce Ventures and Temasek. "This new investment, together with the rapid adoption of our platform and growing customer base, validates our developer security vision," Peter McKay, Snyk CEO.

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