In episode 51 of the Acceleration Economy Minute, Kieron Allen explains how cybersecurity company Snyk is extending its relationship with ServiceNow.
This episode of the Acceleration Economy Minute is sponsored by Acceleration Economy’s Digital CIO Summit, taking place April 4-6. Register for the free event here. Tune in to the event to hear from CIO practitioners discuss their modernization and growth strategies.
00:45 — On the back of a $196.5 million deal in series G funding at the close of 2022, cybersecurity company Snyk has announced it will receive another $25 million in funding from ServiceNow.
01:02 — ServiceNow is already an existing Snyk customer but the company decided to extend its relationship with strategic funding and plans to integrate Snyk’s tools into ServiceNow’s vulnerability response platform.
01:31 — Synk is providing a level of security at the development stage, also known as DevSecOps. Kieron says this announcement demonstrates two things:
- Snyk, a relatively new startup organization, is on a winning streak by receiving support from ServiceNow
- DevSecOps will continue to play an important role in cybersecurity strategies moving forward
02:12 — Kieron is looking forward to hearing more about this integration and how the strategic funding will enable Snyk to continue down its path of growth.
Which companies are the most important vendors in cybersecurity? Click here to see the Acceleration Economy Top 10 Cybersecurity Shortlist, as selected by our expert team of practitioner-analysts.