Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Several factors might make you think Snyk, the developer security startup most recently valued at $7.4 billion, would be going public soon. However, in comments exclusive to TechCrunch, CEO Peter McKay says Snyk isn’t rushing to IPO. https://t.co/cNH5pgbUj1
Scooplet for @TechCrunch: developer security platform @Snyksec, last valued at $7.4 billion, has hit $300m ARR - but isn't in a rush to IPO. W/ exclusive comments from Snyk's CEO @PeterCMcKay https://t.co/z0y7ve5TsO
Snyk hits $300M ARR but isn’t rushing to go public: https://t.co/JqD9ztsgcs by TechCrunch #infosec #cybersecurity #technology #news
Developer security platform Snyk has reached $300 million in annual recurring revenue (ARR), a significant milestone for the company. Despite this achievement and its most recent valuation of $7.4 billion, Snyk is not planning to go public in the near future. CEO Peter McKay, in exclusive comments to TechCrunch, emphasized that the company is not rushing to an IPO, citing other priorities for the business at this stage.
