Snyk has raised a $25M funding round to help developers find security vulnerabilities in their code.
Snyk's platform is used by companies such as Google and Salesforce.
- Using Snyk's platform, developers can detect whether their project has any code bugs that may lead to security risks and their severity ranking and whether their project uses external components with the correct license. It also enables them to make other code modifications.
- Snyk was valued at $7B during its previous funding round in December 2022.
- Service Now provided the funding in addition to announcing that it is integrating Snyk's platform with its own.
- ServiceNow offers a cloud platform that enables companies to provide enterprises to manage their teams, provide customer support, help with new hires, etc.
- The company is publically listed on the New York Stock Exchange and had $4.15B in revenue in 2020.