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 marketâs confidence in our developer-first approach and the critical role Snyk plays in securing the digital landscape. As a company that empowers the worldâs developers to build secure applications, our mission goes beyond just fortifying codeâwe 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 recognitionsâincluding being named a Leader in Gartnerâs 2023 Magic Quadrant⢠for Application Security Testing and in The Forrester Waveâ˘: Software Composition Analysis 2023, along with accolades on the Forbes Cloud 100 2022 and 2023 CNBC Disruptor 50âhighlight our continued commitment to excellence and market leadership. For more information about our journey and innovations, please visit https://snyk.io.
