Snyk is the leader in developer-first cloud native application security and it’s comprehensive platform will be significantly advanced by integrating and building on DeepCode’s AI engine. The deal is expected within the next two months, following satisfaction of customary pre-closing conditions.
2.5 years after we led DeepCode ‘s pre-seed round upon incorporation of the company, we’re happy to see that DeepCode and Snyk will join forces to create the leading AI-powered security platform. Having just raised another USD 200m, valuing Snyk at more than USD 2.6bn, the DeepCode acquisition is the absolute icing on the cake.
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