Investment in Snyk.iO by Accel Partners

Deal typePrivate Equity & Transaction Services
IndustryTechnology & Media
Client name Accel Partners, Management LLP

Accel Partners led a $22m (£17m) series B funding round in the London-based cyber security start-up Snyk, with partnership from GV (formerly Google Ventures).

Snyk operates a subscription-based software security tool that actively reviews open source software for vulnerabilities, and provides updates on known vulnerabilities.  It is growing rapidly and operates globally. The $22m will help Snyk expand the protections it can offer organisations.

BDO’s high growth team provided due diligence services to Accel Partners.