Snyk grabs $70M more to detect security vulnerabilities in open-source code and containers

INSUBCONTINENT EXCLUSIVE:
A growing number of IT breaches has led to security becoming a critical and central aspect of how computing systems are run and maintained
it will be using to continue expanding its capabilities and overall business
For example, the company has more recently expanded to building security solutions to help developers identify and fix vulnerabilities
around containers, an increasingly standard unit of software used to package up and run code across different computing environments.Open
the president who co-founded the company with Assaf Hefetz and Danny Grander, explained in an interview
They look like virtual machines and suffer many of same concerns such as being unpatched or having permissions that are too
Gartner, which forecasts that by 2022, more than 75% of global organizations will run containerized applications
Snyk estimates that a full 44% of Docker image scans (Docker being one of the major container vendors) have known vulnerabilities.This
latest round is being led by Accel with participation from existing investors GV and Boldstart Ventures
These three, along with a fourth investor (Heavybit) also put $22 million into the company as recently as September 2018
could explain that hike
It now has some 300,000 developers using it around the globe, with its customer base growing some 200% this year and including the likes of
Google, Microsoft, Salesforce and ASOS (side note: you know that if developers at developer-centric places themselves working at the
vanguard of computing, like Google and Microsoft, are using your product, that is a good sign)
replaced Podjarny
said McKay