(Reuters) – Boston-Based cyber security software startup Snyk on Wednesday said it raised $300 million in fresh funds and the company was now valued at $8.5 billion.
In addition to the new funding, investors paid $230 million to buy existing shares of the company, it said. The round was co-led by Sands Capital Ventures and Tiger Global.
(Reporting By Jane Lanhee Lee; Editing by Sandra Maler)
