2020 Q3 in review—Snyk & DeepCode, Angular security best practices, and more
Blog post from Snyk
In this review of the third quarter of 2020, Snyk's CEO Peter McKay announced a $200 million funding round, which enabled the company to accelerate its developer-first vision and modernize the security industry. This funding was part of a significant increase in revenue and headcount, with Snyk achieving a valuation of over $2.6 billion. Additionally, Snyk acquired DeepCode, an ETH Zurich spin-off that specializes in machine learning and programming languages, to enhance its vulnerability scanning capabilities and improve speed and accuracy. The acquisition aimed to integrate security seamlessly into the development workflow and pipeline, addressing the challenge faced by one in two developers who see security as a major constraint on delivering software quickly. Other notable posts from this quarter included Snyk security badges for maintainers, an ESG report highlighting security issues, a cheat sheet on prioritizing vulnerability lists, and a guide to Angular security best practices.