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.
ContentStack, which claims to have invented “Headless CMS”, raised $31.5m in a Series A funding.
Contentstack, the tech startup that powers omnichannel content, digital experiences and personalized customer journeys, has raised $31.5 million in Series A funding to scale sales and marketing to reach more industries and geographies, as well as to build out the partner ecosystem […]
Arrayent Completes $15 Million Series C Funding Round as ORIX Ventures Joins Investors DCM Ventures, Intel Capital, Opus Capital, and Comerica Bank.
The world’s leading IoT platform will add to the more than sixty connected consumer products being sold in online and retail locations around the globe | Virtual Strategy Magazine is an online publication devoted entirely to virtualization technologies.
Since Werner Koch announced he’s running out ouf money yesterday, GnuPG collected 60k$ from the Linux Foundation, another 50k$ for the next year from each Facebook and Stripe, and a total of 150k$ from the community. Development should be safe for the next time. The news of the past days shows that security, while heavily discussed, needs proper funding.