Qatar Investment Authority led a $197m Series G round in Snyk.

Qatar Investment Authority, an investment company, led a $197m Series G round in Snyk, a developer security solutions provider, with participation from Evolution Equity Partners, G Squared, Irving, boldstart ventures, Sands Capital and Tiger Global. “In 2022, I’m proud that Snyk achieved a 100% year-over-year increase in revenue as well as net revenue retention of over 130%. In this challenging macroeconomic environment, it is more critical than ever for global enterprises to increase their developer productivity and be able to continue their pace of innovation securely. In 2023, we look forward to leveraging this latest investment to continue enhancing our platform and help more global enterprises reap the benefits of DevSecOps,” Peter McKay, Snyk CEO.