Salesforce and Atlassian double developer development by $ 75 million Snyk investment

That Transform Technology Summits launch on October 13 with Low-Code / No Code: Enabling Enterprise Agility. Register now!

Let it OSS Enterprise newsletter your guide open source trip! Sign up here.

Snyk, the company behind an open source security scanning platform, has extended its Series F funding round by an additional $ 75 million. The Boston-based company announced an investment of $ 530 million just a few weeks back with a huge valuation of $ 8.5 billion. The transaction included both primary and secondary investments, meaning that Snyk had actually only raised about $ 300 million in fresh capital.

For the expansion, which closes the F round to $ 605 million, Snyk has attracted investment back from the venture capitalists of Atlassian and Salesforce, who are now responsible for 10% of Snyk’s $ 850 million in total raised since its inception. And for the record, Snyk is now valued at $ 8.6 billion.

In a nutshell, Snyk’s SaaS platform helps developers find and fix vulnerabilities – as well as surface license violations – in their open source code bases, containers, and Kubernetes applications. Founded in early London and Tel Aviv in 2015, Snyk has amassed an impressive client list in its six-year history, including Google, Salesforce, Intuit and Atlassian.


Atlassian’s follow-up investment in Snyk is particularly notable, as it comes shortly after Snyk announced a number of integrations with Bitbucket Cloud and Atlassian Open DevOps, suggesting that Atlassian’s continued support is as much a strategic move as it is anything. other things.

“Sneaky reinvents the way organizations think about security,” Atlassian’s head of business development, Chris Hecht, said in a statement. “They are a vital part of our ecosystem, closely integrated into our core products.”


VentureBeat’s mission is to be a digital urban space for technical decision makers to gain knowledge about transformative technology and transactions. Our site provides important information about data technologies and strategies to guide you as you lead your organizations. We invite you to join our community to access:

  • updated information on topics that interest you
  • our newsletters
  • gated thought-leader content and discount access to our valued events, such as Transform 2021: Learn more
  • networking features and more

sign up

Leave a Comment