Cybersecurity startup Snyk Ltd. is making preparations for an initial public offering that could happen as early as next year, according to people familiar with the matter.
The Boston-based company is speaking to banks and aiming for listing as soon as mid-2022, said the people, who asked not to be identified because the matter is private.
The company is expected to target a market value greater than its last valuation of $8.6 billion from September, the people added.
Snyk’s plans aren’t finalized and details could still change.
A representative for Snyk declined to comment.
Snyk’s platform helps software developers integrate ...
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