Snyk snares $7 million Series A to help developers deliver open source components securely

Funding Rounds

▤ Summary

Snyk , a software service startup wants to help developers find and fix vulnerabilities in their open source code before it goes into production.“We integrate elegantly into the development process and find known vulnerabilities in your open source elements and fix them,” Podjarny explained.Once they find those vulnerabilities, they send a pull request with advice on the fastest and most efficient way to fix the issue without breaking other things that are dependent on it.He became CTO for the company’s web experience business after the acquisition, where he remained until he helped launch Snyk in 2015.Snyk may be a Series A company, but it’s proven a market need with 350,000 downloads and 130 large commercial paying customers already in the fold.

$ Funding

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Amount $7.0M Total raised
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Date March 6, 2018 Announcement date
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Investors Snyk, Veeam Software Lead investors
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Company https://snyk.io Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
Backup Software Data Protection Cybersecurity Software

▦ Linked Companies

Snyk
$250M to $500M