Snyk closes mega funding round: the London based company offers open-source services and products for modern security. The company announced the funding round on it’s own blog. The company, founded by Guy Podjarny, grew rapidly since it’s founding in 2015. The product addresses modern security needs for a container driven IT world. With open source and developer first approaches it delivers an approach that hits a nerve. Increasing complexity of software development and dependencies to open-source components drives demand. Dependencies to open-source components are a twofold reality: They allow faster development for any product team. At the same time, they bring a level of complexity that requires additional management. This reality created a market for companies like Snyk, but also WhiteSource or BlackDuck, in the security space, with a special focus on software development.
Snyk helps software-driven organizations find and fix vulnerabilities in open source dependencies and container images.
We are truly humbled to announce the closing of our latest funding round—an investment of $200 million led by Addition—to modernize the security industry.
from the Snyk blog.
The funding round is a Series D. Snyk closes mega funding round: With previous rounds, the company expanded internationally before. This recent funding round let’s expect further rapid growth of the brand and product. The size of the funding sets expectations for the near future pace of growth.
Kubernetes, the container orchestration and hardware abstraction framework, reached Version 1.16. Custom Resources, Overhauled Metrics, and Volume Extensions are the mentionable new features in the new release.
We’re pleased to announce the delivery of Kubernetes 1.16, our third release of 2019! Kubernetes 1.16 consists of 31 enhancements: 8 enhancements moving to stable, 8 enhancements in beta, and 15 enhancements in alpha.Major Themes Custom resources CRDs are in widespread use as a Kubernetes extensibility mechanism and have been available in beta since the 1.7 release. The 1.16 release marks the graduation of CRDs to general availability (GA).
Google’s Kubernetes Engine (GKE) now supports node pools that are wrapped in gVisor to allow running untrusted workloads. The idea behind gVisors is to emulate all system calls in user space and provide a sandbox to processes that cannot be trusted. GKE allows to enable this with a configuration option now.
New GKE Sandbox brings added security to your containers running in Google Kubernetes Engine clusters.
Containers, in particular represented through the hype around Docker, get a greater share of attention of the IT world for the past year or two. And it happens for good reason. Just like other virtualization techniques, containers allow for easier deployment, for better maintainability, for improved management of applications, for better hardware utilization and for a reduced TCO altogether. And cost in particular is likely the biggest reason for the popularity of container technology in the realm of virtualization, because lightweight technology does not only touch hardware and infrastructure, but also development and operations.