Snyk, a cloud-native application security startup, has closed a Series E round of funding totalling $300M (approx €250.7M). The transaction included both primary and secondary offerings and resulted in $175M (approx €146.2M) of new capital into the business.
With this investment, the company has now raised a total of $470M (approx €392.69M) in funding, to date, with a valuation of $4.7B (approx €3.92B) post-funding; quadrupling since the beginning of 2020.