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Snyk Closes $196.5 Million Series G Funding at $7.4 Billion Valuation

Snyk Closes $196.5 Million Series G Funding at $7.4 Billion Valuation

Cooley advised Snyk, a cybersecurity software startup, on its $196.5 million Series G funding round. Lawyers Ryan Naftulin, Mark Jones and Kerry Corrigan led the Cooley team.

The round was led by Qatar Investment Authority and included participation from new investors Evolution Equity Partners, G Squared and Irving Investors, as well as existing investors boldstart ventures, Sands Capital and Tiger Global.

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Snyk is the leader in developer security and empowers the world’s developers to build secure applications and equip security teams to meet the demands of the digital world. Snyk’s developer-first approach ensures organizations can secure all the critical components of their applications from code to cloud, leading to increased developer productivity, revenue growth, customer satisfaction, cost savings and an overall improved security posture.

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has nearly 1,500 lawyers across 18 offices in the United States, Asia and Europe, and a total workforce of more than 3,000.

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CIO Influence News Desk