Temasek joins US$300m investment in London-based Snyk

The cloud native application security company has raised a total US$470m.

Temasek has participated in the Series E funding round of London-based cloud native application security company Snyk co-led by Accel and Tiger Global.

Joining Temasek as new investors are Alkeon, Atlassian Ventures, Franklin Templeton, Geodesic Capital, and Sands Capital Ventures.

Snky has raised a total of $402.68m (US$300m) in the funding round.

This investment allows Snyk to serve the fast-growing global demand for the company’s Cloud Native Application Security Platform, which is a developer-first solution that will provide security visibility and remediation for every critical component of modern applications, including the application code, open source libraries, container infrastructure, and infrastructure as code.

The company works with global customers of all sizes to empower developers to automatically integrate security throughout their existing workflows.