Snyk Raises $1.6 Billion to Accelerate the Developer-First Security Revolution

We are thrilled to announce that Snyk, the leader in developer security, has successfully raised $1.6 billion in new funding. This unprecedented achievement underscores the market’s confidence in our developer-first approach and the critical role Snyk plays in securing the digital landscape. As a company that empowers the world’s developers to build secure applications, our mission goes beyond just fortifying code—we are dedicated to creating an environment where security teams and developers collaborate seamlessly, ensuring that every line of code to every cloud configuration is protected. With over 2,500 customers worldwide, including industry giants like Asurion, Google, Intuit, MongoDB, New Relic, Revolut, and Salesforce, Snyk has consistently proven its ability to drive increased developer productivity, revenue growth, customer satisfaction, and significant cost savings. This latest round of funding will be strategically deployed to accelerate our innovation initiatives, expand our Developer Security Platform, and further enhance our automated integrations that are purpose-built for modern, agile workflows. By investing in cutting-edge research and development, we are positioning Snyk to meet the evolving needs of development and security teams in today's fast-paced digital world. Our recent recognitions—including being named a Leader in Gartner’s 2023 Magic Quadrant™ for Application Security Testing and in The Forrester Wave™: Software Composition Analysis 2023, along with accolades on the Forbes Cloud 100 2022 and 2023 CNBC Disruptor 50—highlight our continued commitment to excellence and market leadership. For more information about our journey and innovations, please visit https://snyk.io.